Apex Corporation has an owner's equity of $425,000 and a net income of $153,600. It has a payout ratio of 25% and a return on assets of 18%. Calculate the cash dividends paid and the average total assets.
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- Guo Company has owners' equity of $350,400 and a net income of $106,920. It has a payout ratio of 26% and a return on assets of 12%. How much did Guo pay in cash dividends, and what were its average assets?Guo Company has owners' equity of $363,000 and net income of $108,720. It has a payout ratio of 20% and a return on assets of 16%. How much did Guo pay in cash dividends, and what were its average return on assets?Financial Accounting
- Guo Company has an owner's equity of $397,600 and a net income of $136,608. Please solve these general accounting questionWhat is the return on assets ratio?Colorado Company has equity of $4,000,000 and a net income of $150,000. It has a payout ratio of 25% and a return on assets of 12%. How much did Colorado pay in cash dividends, and what were its average assets?
- Terry's Markets has sales of $684,000, costs of $437,000, interest paid of $13,800, total assets of $712,000, and depreciation of $109,400. The tax rate is 21 percent and the equity multiplier is 1.6. Please use the Dupont Identity to compute the return on equity.The net income isI want to correct answer accounting
- Saddle Industries has sales of $625,400, total equity of $275,000, a net profit margin of 9.25 percent, and a debt-equity ratio of 0.70. What is the return on assets? AccountingWhat is its net income? General accountingA firm has the following accounts; sales = $1,190,000, cost of goods sold = $876,000, depreciation expense = $130,000, addition to retained earnings = $43,000. The firm's dividends per share = $1.05, tax rate = 21%, and number of shares outstanding = 19,000. What is the firm's times interest earned ratio? O 1.76 1.52 11.41 O 1.42