Need answer Question:The following information is available:. Sales: $750,000Net Income: $50,000Retained Earnings: $80,000Average Stockholders' Equity: $240,000. Dividends: $15,000What is the net income percentage?

Detailed explanation:Given data:Sales $ 750,000Net Income $ 50,000 Question: What is the net income…

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Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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Selected financial data for DC Menswear is provided as follows: ($ in millions) Sales Net income Stockholders' equity, beginning Stockholders' equity, ending Average shares outstanding (in millions) Dividends per share Stock price, ending Required: Calculate the following ratios for DC Menswear. (Enter your net income and average stockholders' equity answers in millions (i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.) Numerator/Denominator Numerator/Denominator Numerator/Denominator DC MENSWEAR Return on Equity Amounts Dividend Yield Amounts $14,826 $1,190 $3,800 $4,200 620 $1.20 $23.13 Price-Earnings Ratio Amounts Return on equity Dividend yield Price-earnings ratio
Given the following information, what is the ratio of liabilities to stockholders' equity? Fixed assets (net) at year-end $400,000 Average fixed assets 450,000 Total assets 500,000 Long-term liabilities 300,000 Total liabilities 350,000 Total stockholders' equity 250,000 Total liabilities and stockholders' equity 500,000 Interest expense 5,000 Income before income tax 150,000 Net income 100,000 O a. 0.7 O b. 1.2 O c. 1.4 O d. 0.6
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Question: The following information is available: . Sales: $750,000 Net Income: $50,000 Retained Earnings: $80,000 Average Stockholders' Equity: $240,000 . Dividends: $15,000 What is the net income percentage?