Chapter 14, Problem 14.13BE

To determine

Cash Dividend: The cash dividend refers to that amount of dividend which is paid to the stockholders from the profit of the company. The cash dividend is not paid by every company. The cash dividend should also be declared by the directors and this dividend is taxable.

Average Assets: The average assets refer to the average amount of assets which were held during a period. The average assets are calculated by dividing the stockholder’s equity from the return on assets.

To determine: The cash dividend and the average assets.