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Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales of $12.8 million, gross profit of $7.60 million, EBIT of $5.9 million, net income available to common stockholders of $3.5 million, and common stock dividends of $1.5 million. The 2021 year-end balance sheet listed total assets of $52.8 million and common stockholders' equity of $21.3 million with 2.0 million shares outstanding.   Calculate the basic earnings power. (Round your answer to 2 decimal places.)       Calculate the return on assets. (Round your answer to 2 decimal places.)       Calculate the return on equity. (Round your answer to 2 decimal places.)       Calculate the dividend payout. (Round your answer to 2 decimal places.)

Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales of $12.8 million, gross profit of $7.60 million, EBIT of $5.9 million, net income available to common stockholders of $3.5 million, and common stock dividends of $1.5 million. The 2021 year-end balance sheet listed total assets of $52.8 million and common stockholders' equity of $21.3 million with 2.0 million shares outstanding.   Calculate the basic earnings power. (Round your answer to 2 decimal places.)       Calculate the return on assets. (Round your answer to 2 decimal places.)       Calculate the return on equity. (Round your answer to 2 decimal places.)       Calculate the dividend payout. (Round your answer to 2 decimal places.)

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales of $12.8 million, gross profit of $7.60 million, EBIT of $5.9 million, net income available to common stockholders of $3.5 million, and common stock dividends of $1.5 million. The 2021 year-end balance sheet listed total assets of $52.8 million and common stockholders' equity of $21.3 million with 2.0 million shares outstanding.

 

Calculate the basic earnings power. (Round your answer to 2 decimal places.)

 

 

 

Calculate the return on assets. (Round your answer to 2 decimal places.)

 

 

 

Calculate the return on equity. (Round your answer to 2 decimal places.)

 

 

 

Calculate the dividend payout. (Round your answer to 2 decimal places.)

 

 
 
 
 
 
 
 
 
 
 
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