Calculate the payout ratio

Assignment Help Accounting Basics
Reference no: EM131813877

Question - The following financial information is available for Thompson Corporation.

(in millions)

2012 2011

Average common stockholders' equity $2,532 $2,591

Dividends declared for common stockholders 298 611

Dividends declared for preferred stockholders 40 40

Net income 504 555

Calculate the payout ratio and return on common stockholders' equity ratio for 2012 and 2011. Comment on your findings.

Reference no: EM131813877

Questions Cloud

Prepare a complete monthly cash budget with borrowing : Prepare a complete monthly cash budget with borrowing and repayments for June through September
Define that average golf scores are lower with the new clubs : Eight golfers were asked to submit their latest scores on their favorite golf courses. These golfers were each given a set of newly designed clubs.
Determine the cause of the price change : Describe two different aspects in which a monopolistically competitive firm behaves like a perfectly competitive firm - When the possibility of collusion exist
What will be the principal payment for payment : Suzan is considering buying a home for $394,000. what will be the principal payment for payment number 60?"
Calculate the payout ratio : Calculate the payout ratio and return on common stockholders' equity ratio for 2012 and 2011. Comment on your findings
Calculate the number of units of the pitcher-filters : Calculate the number of units of the pitcher-filters that must be sold in order for Pure Water Products to earn a profit
Appraising the values of ten houses in the neighborhood : A neighborhood home owners association suspects that the recent appraisal values of the houses in the neighborhood conducted by the county government.
Manufactures stainless steel control valves : Demco Products, a company that manufactures stainless steel control valves, has a fund for equipment replacement that contains $500,000.
Discuss managements conclusion about operating effectiveness : Select a company from Securities Exchange Commission's website. Discuss management's conclusion(s) about operating effectiveness of company's internal controls.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd