Question
A widely used measure of profitability from the common stockholder's viewpoint is? Select one: O a. Total Debt to Assets Ratio O b. Equity
A widely used measure of profitability from the common stockholder's viewpoint is? Select one: O a. Total Debt to Assets Ratio O b. Equity turnover ratio O c. Debt to equity ratio Od. Return on common stockholder's equity ratio At the beginning of the year Gibbs Corporation total common stockholders' equity is $100,000. The end of the year common stockholder's equity is $140,000. Gibbs' current year net income is $90,000 and $20,000 of dividends were paid in the year. What is the return on stockholders' equity for the current year? Select one: O a. 90% O b. 64.29% O c. 133% O d. 75% Brown Corporation authorized 1,000,000 shares of stock; 800,000 shares were issued and 100,000 shares were purchased as treasury stock. The board of directors authorized a $.10 per share cash dividend which was paid during the year. Based upon this information determine the amount of dividends paid? Select one: O a. $70,000 O b. $80,000 O c. $100,000 O d. $90,000
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