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Guo Company has stockholders' equity of $380,300 and net income of $93,245. It has a payout ratio of 26% and a return on assets of
Guo Company has stockholders' equity of $380,300 and net income of $93,245. It has a payout ratio of 26% and a return on assets of 17%. How much did Guo pay in cash dividends, and what were its average assets? (Round answers to O decimal places, e.g. 125.) Cash dividends Average assets s What do the following classes of ratios measure? (a) Liquidity ratios (b) Profitability ratios (c) Solvency ratios
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