Common stock8% Preferred stockIn excess of par


Question Description:

30

Common stock8% Preferred stockIn excess of par value-preferred stockIn excess of stated value-common stockRetained earningsTreasury stock, no par, $5 stated value 305,000 shares authorized, 219000 shares issued ? and shares outstanding1095000 Calculate the payout ratio, earnings per share, and return on common stockholders’ equity ratio. (Note: Use the common shares outstanding on January 1 and December 31 to determine average shares outstanding.) (Round all ratios to 1 decimal place, e.g. 25.5 and earnings per share to 2 decimal places, e.g. 2.25.) Payout ratio % ? Earnings per share $ ? Return on common stockholders’ equity % ? TomekaD
posted a question · Nov 10, 2012 at 9:08pm

Answer

30