Please give me true answer this financial accounting question Harborview Enterprises had a net income of $400,000 and paiddividends of $70,000 to common stockholders and $30,000 topreferred stockholders in 2022.Harborview Enterprises' common stockholders' equity at thebeginning and end of 2022 was $1,200,000 and $1,500,000,respectively.What was Harborview Enterprises' payout ratio for 2022?

Step 1: Definition of Payout RatioThe payout ratio is a financial metric that measures the…

Answered: Harborview Enterprises had a net income…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 67BE

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What was the payout ratio for the financial accounting?
The following information was available for the year ended December 31, 2019: Net income Average total assets Dividends per share Earnings per share Market price per share at year-end $ 50,000 600,000 1.40 5.00 70,00 The dividend payout ratio for 2019 was 報灣券 11111 157
P/E ratio is? (account)
Subject: financial accounting
The following income statement and balance sheets for Virtual Gaming Systems are provided. VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2021 Net sales Cost of goods sold Gross profit Expenses: Operating expenses. Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses Net income Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds $852,000 27,000 7,400 12,000 42,000 $3,006,000 1,944,000 1,062,000 940, 400 $ 121,600 VIRTUAL GAMING SYSTEMS Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable. Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Balance Sheets December 31 2021 $180,000 75,000 99,000 11,400 99,000 204,000 264,000 (63,000) $869,400 $ 60,000 4,800 12,000 279,000 294,000 219,600 2020 $138,000 54,000 129,000…
In December 2022, Samar Co. had a share price of AED 50. They had 12 million shares outstanding, a market-to-book ratio of 3. In addition, Samar had AED 200 million debt, AED 40 million in net income and AED 850 million in sales. Calculate P/E ratio and ROE according to Du Pont system.
Palmar Corporation has total assets and total liabilities of $82,000 and $40,000, respectively, at the end of 2020. Palmar's 2020 revenues were $120,000, and expenses were $106,000. Palmar also declared and paid dividends of $6,000 during the year. How much was Palmar's stockholders' equity at the beginning of 2020?
In 2021, Jake's Jamming Music, Inc., announced an ROA of 8.65 percent, ROE of 15.40 percent, and profit margin of 15.1 percent. The firm had total assets of $10.4 million at year-end 2021. Calculate the 2021 value of net income available to common stockholders for Jake’s Jamming Music, Inc. (Enter your answer in dollars. Round your answer to the nearest whole dollar.) Net Income = _________ Calculate the 2021 common stockholders’ equity for Jake’s Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Common Stockholders' Equity = _______ Calculate the 2021 net sales for Jake’s Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Net Sales = __________
Calculate the following ratios for Friendly Fashions in 2021.
can you help me with this General accounting question
In 2020, Pennington Corporation had net sales of $600,000 and cost of goods sold of $360,000. Operating expenses were $153,000, and interest expense was $7,500. The corporation’s tax rate is 30%. The corporation declared preferred dividends of $15,000 in 2020, and its average common stockholders’ equity during the year was $200,000. Instructions a. Prepare an income statement for Pennington Corporation. b. Compute Pennington Corporation’s return on common stockholders’ equity for 2020.
Skyline Solutions Ltd. reported a net income of $1,900,000 in 2023 and paid $500,000 in dividends to common stockholders. The weighted average number of shares outstanding was 600,000 shares. The company's common stock is currently trading at $35 per share. Calculate: Price-Earnings (P/E) Ratio

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