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whats the answer for quetion 4 ? What are the dividends per share if there are 4,000 shares of stock outstanding? a. $0.02 b. $0.15

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image text in transcribed whats the answer for quetion 4 ?
What are the dividends per share if there are 4,000 shares of stock outstanding? a. $0.02 b. $0.15 c. $0.20 d. $0.35 You are required to show your workout when needed: Use the following financial statements to answer questions 1 through 4, Balance Sheet 2006 $ 2,100 3,700 14,500 41.300 $61.600 2007 $ 1,800 4.400 16,700 45.800 $68.700 2006 $ 6,300 26,400 18,000 10.900 $61.600 2007 $5.900 26,300 21,000 15500 $68.700 Accounts payable L+ Long-term debt Cash Accounts receivable Inventory Net fixed assets Total assets Common stock Retained earnings Total liab. & equity Sales Cost of goods sold Depreciation Interest Taxes Net income Income Statement $66,900 50,700 5,600 2,300 2.900 S 5,400 Yeu are required.to.show your workont when.needed Use the following financial statements to answer questions 1 through 4. Balance Sheet 2007 $ 1,800 4,400 16,700 45,800 $68.700 2006 $ 6300 26,400 18,000 10,900 $61,600 2007 $5,900 26,300 21,000 15500 $68.700 2006 $ 2,100 3,700 14,500 41.300 $61.600 VAccounts payable L Long-term debt Common stock Retained eamings Total liab. & equity Cash Accounts receivable Inventory Net fixed assets Total assets Income Statement $66,900 50,700 5,600 2,300 2.900 S5.400 Sales Cost of goods sold Depreciation Interest es Net income Cash tARsiny Coot 4400+16700 5400 c A AlP What is the current ratio for 2007? b. 1.05 CL . 3.22 I. a. 0.92 d. 3.88 2. What is the profit margin for 2007? b. 7.45 percent a. 7.23 percent . 7.86 ercent d. 8.07 percent NT Sales 3. What is the return on equity based on 2007 values? Xloo = 4.07 46 Yeo a. 13.33 percent b.14.14 percent Sy00 c. 14.79 percent d. 16.78 percent Rac-NI SYO0 A-L SEauity What are the dividends per share if there are 4,000 shares of stock outstanding? a. $0.02 4. d. $0.35 b. $0.15 c.$0.20

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