Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate dividends declared and paid in 2 0 2 2 . Calculate ROI, margin, turnover, and ROE DeBauge Realtors Incorporated is a realty firm owned
Calculate dividends declared and paid in
Calculate ROI, margin, turnover, and ROE
DeBauge Realtors Incorporated is a realty firm owned by Jeff and Kristi DeBauge. The DeBauge family owns 100% of the corporation's stock. The following summarized data (in thousands) are taken from the December 31, 2022, financial statements: $ 53 $ 30 $ 33 For tho Year Ended December 31, 2022 : Commissions revenue Cost of services provided Advertising expense Operating income Interest expense Income tax expense Net income December 31, 2022: Assets Cash and shortterm investments Accounts receivable, net Property, plant, and equipment, net Total assets Liabilities and SEockhoIders ' Equity Accounts payable Income taxes payable Notes payable (long term) Paidin capital Retained earnings Total liabiliies and stockholders' equity $ 141 30 6 17 41 124 $ 198 $ 89 7 50 23 29 $ 198 At December 31, 2021, total assets were $203 and total stockholders' equity was $52. There were no changes in notes payable or paid-in capital during 2Ci22.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started