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?
Whispering Winds Corp. had net income of $106600 and paid dividends of $47500 to common stockholders and $23500 to preferred stockholders in 2020. Whispering Winds Corp's common stockholders' equity at the beginning and end of 2020 was $867000 and $1320000, respectively. Whispering Winds Corp's payout ratio for 2020 was O 44.56%. O 4.75%. O 43.65%. O 15.05%.
Please need answer the financial accounting question
Target had net income of $140,000 and paid dividends of $40,000 to common stockholders and $20,000 to preferred stockholders in 2020. Target's common stockholders' equity at the beginning and end of 2020 was $870,000 and $1,130,000, respectively. Target's payout ratio for 2020 was O 4% 42.9% O 28.6% O 14.3%
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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
What are the earings per share on these financial accounting question?
Calculate the earnings per share (average of 418,000 shares outstanding for the year) for 2020. (Round answer to 2 decimal places, e.g. 2.55.) Earning per share $2.31 per share Calculate the price/earnings ratio (market price of $48 at year-end) for 2020. (Round answer to 1 decimal place, e.g. 2.5.) Price/earnings ratio ?
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.
Additional information: 1. The market price of Pina’s common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 2. You must compute dividends paid. All dividends were paid in cash. Compute the following ratios for 2021 and 2022. 2022 2021 Profit margin enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Gross profit rate enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Asset turnover enter asset turnover in times times enter asset turnover in times times (Round answers to 2 decimal places, e.g. 1.83.) Earnings per share $enter earnings per share in dollars $enter earnings per share in dollars (Round answers to 2 decimal places, e.g. 1.83.) Price-earnings ratio enter price-earnings ratio in times times enter price-earnings ratio in times times (Round answers to 1 decimal place,…
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