Consider the following information. Required: 1. Calculate the stockholder payout ratios. (Note: Round answers to two decimal
Question:
Required:
1. Calculate the stockholder payout ratios. (Note: Round answers to two decimal places.)
2. Calculate the stockholder profitability ratios. (Note: Round answers to two decimal places.)
Transcribed Image Text:
Stock price Common dividends Preferred dividends 2011 preferred stock 2011 total stockholders equity $954,846,000 Purchases of treasury stock $24.30/share Avg. common shares outstanding 28,310,000 $0.20/share $69,385,000 $11,464,000 $892,567,000 $5,662,000 Dividends per common share $1,444000 Net income $11,464,000 2010 preferred stock 2010 total stockholders' equity $85,840,000
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1 Payout ratios Dividend Yield Dividends per Common Share Common Stock Price 020 2430 082 Dividend P...View the full answer
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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