Hollie Company has stockholders equity of $400,000 and net income of $72,000. It has a payout ratio
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Hollie Company has stockholders’ equity of $400,000 and net income of $72,000. It has a payout ratio of 18% and a return on assets of 20%. How much did Hollie pay in cash dividends, and what were its average total assets? Calculate and analyze free cash flow.
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Cash div Net inc Payout ratio 12960 72000 18 ...View the full answer
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