Question
The following information is available for XYZ Corporation 2020 2019 Average common stockholders equity $2,800,000 $1,700,000 Common dividends declared and paid 160,000 90,000 Net income
The following information is available for XYZ Corporation
2020 2019
Average common stockholders equity $2,800,000 $1,700,000
Common dividends declared and paid 160,000 90,000
Net income 350,000 195,000
Instructions
Compute the payout ratio and return on common stockholders equity ratio for both years. Briefly comment on your findings.
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Bitcoins Investment
Authors: Paulita Kingrey
1st Edition
979-8353894094
