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

Author Question: The 2020 and 2021 partial balance sheets for Ottoman Industries are shown below.20202021Current ... (Read 53 times)

knightj

  • Full Member
  • ***
  • Posts: 163
on: Feb 5, 2023

Question 1

Which of the following measures how much of earnings per share is returned to common stockholders in the form of dividends?
◦ Return on assets
◦ Price/earnings ratio
◦ Earnings per share
◦ Dividend payout ratio

Question 2

The 2020 and 2021 partial balance sheets for Ottoman Industries are shown below.

​​20202021
Current assets​​
  Cash and cash equivalents$  16,000$  14,000
  Accounts receivable, net20,00024,000
  Inventory25,00023,000
  Marketable equity securities     5,000     5,000
Total current assets66,00066,000
Plant & equipment, net   60,000   40,000
Total assets$126,000$106,000
​​​
Current liabilities$   20,000$   30,000
Noncurrent liabilities   60,000   40,000
Total liabilities80,00070,000
Total stockholders' equity   46,000   36,000
Total liabilities and stockholders' equity$126,000$106,000

Calculate the current ratio for 2021.
◦ 2.20
◦ 0.47
◦ 1.37
◦ 0.62
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 knightj on Feb 5, 2023

nora9826

  • Full Member
  • ***
  • Posts: 155
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 29% of students answer this correctly


knightj

  • Member
  • Posts: 163
Reply 2 on: Feb 5, 2023
Gracias!

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The FDA recognizes 118 routes of administration.

The hunt of the Calydonian Boar shown on a Roman frieze (Ashmolean Museum) The hunt of the Calydonian Boar shown on a Roman frieze (Ashmolean Museum)
Biopsy. Various forms of gynecological biopsy are shown. Biopsy. Various forms of gynecological biopsy are shown.
Ecosystem and Balance Ecosystem and Balance
After the chemical exfoliation substance has been applied, wrap the two top sheets around the client ... After the chemical exfoliation substance has been applied, wrap the two top sheets around the client ...
Acid–Base Balance Acid–Base Balance
The obese (ob) mouse mutant, shown on the left (a normal mouse is on the right), has provided many c The obese (ob) mouse mutant, shown on the left (a normal mouse is on the right), has provided many c
Video: Replication of DNA and Chromosomes/ How do cells replicate their DNA? (Animation) no Audio

For a complete list of videos, visit our video library