The following financial information is available for Flintlock Corporation. Instructions Calculate the payout ratio and return on

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The following financial information is available for Flintlock Corporation.

(in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for pref


Instructions
Calculate the payout ratio and return on common stockholders’ equity for 2020 and 2019. Comment on your findings.

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Accounting Principles

ISBN: 978-1119411482

13th edition

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

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