Calculate the return on assets and dividend payout

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Maggie's Skunk Removal Corp.'s 2012 income statement listed net sales of $13.9 million, EBIT of $7.0 million, net income available to common stockholders of $4.6 million, and common stock dividends of $2.6 million. The 2012 year-end balance sheet listed total assets of $53.9 million and common stockholders' equity of $22.4 million with 2.0 million shares outstanding.

1. Calculate the profit margin. (Round your answer to 2 decimal places.) Profit margin %

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

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

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

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

Reference no: EM131266412

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