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Multiple Choice Question 200 The following information pertains to Nash's Company. Assume that all balance sheet amounts represent average balance figures. Total assets $300000 Stockholders'
Multiple Choice Question 200
The following information pertains to Nash's Company. Assume that all balance sheet amounts represent average balance figures.
Total assets
$300000
Stockholders' equity-common
180000
Total stockholders' equity
250000
Sales revenue
90000
Net income
20000
Number of shares of common stock
5000
Common dividends
4100
Preferred dividends
6500
What is Nash's's payout ratio?
6%.
34%.
20.50%.
14%.
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