Boe Company has owners' equity of P400,000 and net income of P66,000. It has a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe pay in cash dividends, and what were its average assets? * Choose Dividend = 80,000 ; Average Assets = 400,000 %3D Dividend = 60,000 ; Average Assets = 334,000 %3D %3D Dividend = 13,200 ; Average Assets = 440,000 %3D Dividend = 13,000 ; Average Assets = 340,000... %3D %3D
Boe Company has owners' equity of P400,000 and net income of P66,000. It has a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe pay in cash dividends, and what were its average assets? * Choose Dividend = 80,000 ; Average Assets = 400,000 %3D Dividend = 60,000 ; Average Assets = 334,000 %3D %3D Dividend = 13,200 ; Average Assets = 440,000 %3D Dividend = 13,000 ; Average Assets = 340,000... %3D %3D
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Classroom .ıl LTE
3:38 PM
72%
Choose
This is a required question
Boe Company has owners' equity of
P400,000 and net income of P66,000. It
has a payout ratio of 20% and a rate of
return on assets of 15%. How much did Boe
pay in cash dividends, and what were its
average assets?
Choose
Dividend = 80,000 ; Average Assets = 400,000
%3D
Dividend = 60,000 ; Average Assets = 334,000
%3D
%3D
Dividend = 13,200 ; Average Assets = 440,000
Dividend = 13,000 ; Average Assets = 340,00...
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Next
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Transcribed Image Text:Classroom .ıl LTE
3:38 PM
72%
Choose
This is a required question
Boe Company has owners' equity of
P400,000 and net income of P66,000. It
has a payout ratio of 20% and a rate of
return on assets of 15%. How much did Boe
pay in cash dividends, and what were its
average assets?
Choose
Dividend = 80,000 ; Average Assets = 400,000
%3D
Dividend = 60,000 ; Average Assets = 334,000
%3D
%3D
Dividend = 13,200 ; Average Assets = 440,000
Dividend = 13,000 ; Average Assets = 340,00...
Back
Next
Never submit passwords through Google Forms.
This form was created inside of Philippine Christian University.
![Classroom .ll LTE
3:38 PM
72%
Choose
This is a required question
Sammy Corporation reported net sales of
P300,000, P330,000, and P360,000 in the
years, 2010, 2011, and 2012,respectively. If
2010 is the base year, what is the trend
percentage for 2012? *
Choose
130%
DO in 2011,
120%
522,000 in 2013.
of change from (a)
108%
to 2013? Is the
ecrease? *
77%
Choose
Constantine Corporation has net income of
P11.44 million and net revenue of P80 million
in 2012. Its assets are P14 million at the](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F98bbf5e1-a5c5-463c-9f14-54cb27289a1c%2F78f9f1d2-66c8-4dfa-84e5-e2931aeb3344%2Fwm2ytpr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Classroom .ll LTE
3:38 PM
72%
Choose
This is a required question
Sammy Corporation reported net sales of
P300,000, P330,000, and P360,000 in the
years, 2010, 2011, and 2012,respectively. If
2010 is the base year, what is the trend
percentage for 2012? *
Choose
130%
DO in 2011,
120%
522,000 in 2013.
of change from (a)
108%
to 2013? Is the
ecrease? *
77%
Choose
Constantine Corporation has net income of
P11.44 million and net revenue of P80 million
in 2012. Its assets are P14 million at the
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