Suppose the following financial information is available for Walgreen Company. Instructions Calculate the payout ratio and return
Question:
Instructions
Calculate the payout ratio and return on common stockholders equity for 2020 and 2019. Comment on your findings.
Transcribed Image Text:
(in millions) Average common stockholders’ equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2020 2019 $13,622.5 $11,986.5 471 394 2,157 2,006
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Walgreens payout ratio increased 28 even though its return on common stock...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
The following financial information is available for Last Chance Repossessions Company as of December 31, 2012: Required Calculate all profitability, liquidity, and solvency ratios (except earnings...
-
The following financial information is available for Cheney Corporation. The weighted average number of shares of common stock outstanding was 80,000 for 2009 and 100,000 for...
-
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...
-
15. Show that the frequency of revolution of the electron in the Bohr model hydrogen atom is given by v = 2|E|/hn where E is the total energy of the electron. 16. Show that for all Bohr orbits the...
-
The Bass Company has projected the following quarterly sales amounts for the coming year: a. Accounts receivable at the beginning of the year are $295. Bass has a 45-day collection period. Calculate...
-
For the following exercises, find the exact value. sin(70)cos(25) cos(70)sin(25)
-
Why is the timetable for a first issue for a company issuing a high yield bond much longer than for the issue of a standard bond?
-
OConnor Companys income statement information for 2016 and 2017 (a sole proprietorship) is as follows: Required: Provide the missing amounts for the blanks labeled (a) through (g). All the necessary...
-
1 Use your calculator to find cos (0.76) to the nearest degree. 47 49 O 41 43 Use your -1 calculator to find tan (5) to the nearest degree. 79 O 73 O 71
-
1. Given the risk, what would motivate an investor to purchase stock in Gogo? 2. Why would Gogo sell stock rather than taking on additional debt financing? Do you think that this was a good decision?...
-
During 2020, Roblez Corporation had the following transactions and events. 1. Declared a cash dividend. 2. Issued par value common stock for cash at par value. 3. Completed a 2-for-1 stock split in...
-
The following information is available for Norman Corporation for the year ended December 31, 2020: sales revenue $700,000, other revenues and gains $92,000, operating expenses $110,000, cost of...
-
Search the Internet to find examples of how analytics systems can facilitate activities such as empowerment, mass customization, and teamwork.
-
How is it advantageous for organizations to separate instructors into topic areas of concentration and offer in-depth training to support teacher preparation programs in curriculum that makes use of...
-
Determine your Breakeven Analysis for your Marketing Plan. (HINT: You may want to find out your Breakeven Point in Years it will take to recover your expenses for your MBA.) 2. ADDITIONAL HINTS: To...
-
Select the InTASC standard(s) you believe is an area of growth for you. Provide an explanation as to why this is an area of growth and develop an action plan to grow in this area. Include in this...
-
Blossom Railroad Co. is about to issue $314,000 of 10-year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities is 8%. Click here to view the...
-
Scenario As the marketing communication coordinator for Grit, you are part of a team responsible for growing the drink's branding and market share. In addition to traditional marketing mediums, you...
-
Suppose that two goods are perfect complements. If the price of one good changes, what part of the change in demand is due to the substitution effect, and what part is due to the income effect?
-
Imagine a sound wave with a frequency of 1.10 kHz propagating with a speed of 330 m/s. Determine the phase difference in radians between any two points on the wave separated by 10.0 cm.
-
Refer to the data in BE4-10 for Oromocto Corporation. During the year ended February 28, 2015, common shares were issued for $5,000. Prepare (a) An income statement, (b) A statement of changes in...
-
Refer to the data in BE4-10 for Oromocto Corporation. Prepare the closing journal entries. Data from BE4-10 The Oromocto Corporation reports the following adjusted account balances, shown in...
-
The income statement for Regina Cleaning Services Ltd. for the year ended November 30 shows Service Revenue $126,000; Salaries Expense $90,000; Repairs and Maintenance Expense $15,000; and Income Tax...
-
Why do investments in long-term companies tend to result in more capital for investors? Question 34 Select one: a. higher tax rates b. lower tax rates c. long-term companies have less overhead costs...
-
Using the guidelines covered in Lesson 3, identify which sentence of each pair is correct. The company president announced that Beijing was the site for the manufacturing expansion. The company...
-
Which of the following statements is true? Question 46Select one: a. Rent payments for a mobile home, made to a community development corporation, can be subtracted from Oregon income b. Amounts...
Study smarter with the SolutionInn App