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Southeast Systems Balance Sheets 2013 2014 2013 2014 $450 $500 001$ Accounts payable Notes payable Cash $50 004 550 Accounts receivable 004 009 00E Long-term
Southeast Systems Balance Sheets 2013 2014 2013 2014 $450 $500 001$ Accounts payable Notes payable Cash $50 004 550 Accounts receivable 004 009 00E Long-term debt Inventory Net fixed assets 000 oS9 Common equity 003 000 000'T 005 $2,350 Retained earnings 450 $2,350 $2,150 Total Owner's Equity Total Assets $2,150 Liabilities & Income Statement 2014 $2,370 Net sales Cost of goods sold 2,070 Depreciation 002 EBIT Interest asuadxa ( ) Taxable 82 $52 Taxes Net income Dividends (1) Suppose that the company and the dividend per had 1 thousand shares of common stock outstanding at the end of 2014. Compute the earnings per share (EPS) share (DPS) for 2014 (2) Define the dividend payout ratio DPS/EPS. What is the dividend payout ratio for 2014? Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window
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