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Need help with 4 questions on work sheet attach below urgent. Whispering Winds Corp. had net income of $79130 and paid dividends of $31000 to
Need help with 4 questions on work sheet attach below urgent.
Whispering Winds Corp. had net income of $79130 and paid dividends of $31000 to common stockholders and $20000 to preferred stockholders in 2017. Whispering Winds Corp. common stockholders' equity at the beginning and end of 2017s was $495000 and $600000, respectively. Whispering Winds Corp. return on common stockholders' equity is 15%. 11%. 6%. 10%. The following information pertains to Tamarisk Company. Assume that all balance sheet amounts represent average balance figures. Total assets $370000 Stockholders' equity-common 250000 Total stockholders' equity 266000 Sales revenue 106000 Net income 21400 Number of shares of common stock 8000 Common dividends 5500 Preferred dividends 8500 What is Tamarisk's payout ratio? 19%. 11%. 39%. 25.70%. The 2017 financial statements of Blossom Company contain the following selected data (in millions). Current assets $75 Total assets 135 Current liabilities 30 Total liabilities 60 Cash 4 Interest expense 4 Income taxes 8 Net income The debt to assets ratio (rounded) is 44.4%. 11 40.0%. 2.25%. 7.1 times. Question 7 The following information is provided for Sheridan Company and Concord Corporation: (in $ millions) Net income 2017 Sheridan Company $170 Concord Corporation $390 Net sales 2017 1625 4550 Total assets 12/31/15 1005 2280 Total assets 12/31/16 1160 3080 Total assets 12/31/17 1160 4000 What is Concord's return on assets (rounded) for 2017? 9.8% 11.0% 14.6% 12.7% Whispering Winds Corp. had net income of $79130 and paid dividends of $31000 to common stockholders and $20000 to preferred stockholders in 2017. Whispering Winds Corp. common stockholders' equity at the beginning and end of 2017s was $495000 and $600000, respectively. Whispering Winds Corp. return on common stockholders' equity is 15%. 11%. 6%. 10%. The following information pertains to Tamarisk Company. Assume that all balance sheet amounts represent average balance figures. Total assets $370000 Stockholders' equity-common 250000 Total stockholders' equity 266000 Sales revenue 106000 Net income 21400 Number of shares of common stock 8000 Common dividends 5500 Preferred dividends 8500 What is Tamarisk's payout ratio? 19%. 11%. 39%. 25.70%. The 2017 financial statements of Blossom Company contain the following selected data (in millions). Current assets $75 Total assets 135 Current liabilities 30 Total liabilities 60 Cash 4 Interest expense 4 Income taxes 8 Net income The debt to assets ratio (rounded) is 44.4%. 11 40.0%. 2.25%. 7.1 times. Question 7 The following information is provided for Sheridan Company and Concord Corporation: (in $ millions) Net income 2017 Sheridan Company $170 Concord Corporation $390 Net sales 2017 1625 4550 Total assets 12/31/15 1005 2280 Total assets 12/31/16 1160 3080 Total assets 12/31/17 1160 4000 What is Concord's return on assets (rounded) for 2017? 9.8% 11.0% 14.6% 12.7%Step by Step Solution
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