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Selected financial information for BlossomCorporation as of December are presented below. Net sales and net income for 2014 were $360.000 and $30.240 respectively. Divldends of
Selected financial information for BlossomCorporation as of December are presented below. Net sales and net income for 2014 were $360.000 and $30.240 respectively. Divldends of $3360 weredectared for camnon stockholders and $5,040 for preferred shareholders in 2014. Preferred stockholder' equity it ecual to fo kef tota itsoifolises' equity. Compute the indicated ratios at December 31.2014, or for the year ended December 31, 2014, as porcoriate / Aivinta animin is 2 . decimal places, e.g. 2.12.) Net sales and net income for 2014 were $360,000 and $30,240 respectively. Dividends of $3,360 were declared for common stockholders and $5,040 for preferred shareholders in 2014. Preferred stockholders' equity is equal to 1003 of totai stockholuers? equity. Compute the indicated ratios at December 31, 2014, or for the year ended December 31, 2014, as approprlate. (Reound ansierri is 2 decimal places, e.g. 2.12.)
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