The following financial information is available for Thompson Corporation. InstructionsCalculate the payout ratio and return on common

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The following financial information is available for Thompson Corporation.

InstructionsCalculate the payout ratio and return on common stockholders' equity ratio for 2012 and 2011. Comment on your findings.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 21, 2011 02:35 PM

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The following financial information is available for Thompson Corporation. InstructionsCalculate the payout ratio and return on common

Question:

(in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2012 $2,532 2011 $2,591 298 40 611 40 504 555

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Thompson Corporations dividends decreased over 51 even though its net ...View the full answer

Financial Accounting Tools for business decision making

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