This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: ABC Corporation reported net income of $26,000 last year. The company reported earnings per share of ... (Read 102 times)

0220521

  • Full Member
  • ***
  • Posts: 130
on: Feb 5, 2023

Question 1

XYZ Corporation reported net income of $75,700 last year. The company incurred interest expense of $5,000. Assets on January 1st were $640,000 and on December 31st, had increased by $40,000. The income tax rate was 30%. What is XYZ's return on total assets?

Question 2

ABC Corporation reported net income of $26,000 last year. The company reported earnings per share of $2.80. ABC paid dividends of $1.75 on each share of outstanding stock. What was ABC's dividend payout ratio?
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 0220521 on Feb 5, 2023

MajorWaffle

  • Full Member
  • ***
  • Posts: 177
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


0220521

  • Member
  • Posts: 130
Reply 2 on: Feb 5, 2023
Wow, this really help

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

In 2007, primatologists studying chimpanzees in Senegal reported something amazing; chimpanzees were In 2007, primatologists studying chimpanzees in Senegal reported something amazing; chimpanzees were
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Victims of police-reported intimate partner violence 2017 to 2018 Victims of police-reported intimate partner violence 2017 to 2018
Video: Acids and bases - definition

For a complete list of videos, visit our video library