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Author Question: ABC Corporation reported net income of $26,000 last year. The company reported earnings per share of ... (Read 99 times)

0220521

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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?


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Marked as best answer by 0220521 on Feb 5, 2023

MajorWaffle

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0220521

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Reply 2 on: Feb 5, 2023
:D TYSM


duy1981999

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Reply 3 on: Yesterday
Gracias!

 

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