The following financial information is available for Whitlock Corporation.
InstructionsCalculate the payout ratio and return on common stockholdersâ€™ equity for 2014 and 2013. Comment on yourfindings.
(in millions) 2014 $2,532 298 40 504 2013 $2,591 611 40 Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income
Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Get In Touch