How much did guo pay in cash dividends

Assignment Help Accounting Basics
Reference no: EM132063604

Question - Guo Company has owners' equity of $377,600 and net income of $74,196. It has a payout ratio of 21% and a return on assets of 9%.

How much did Guo pay in cash dividends, and what were its average assets?

Reference no: EM132063604

Questions Cloud

How is that going to feed into your plan for success : What did you learn about yourself through the assessments? How is that going to feed into your plan for success?
Most common combined options trading strategies : Straddles and spreads are the most common combined options trading strategies. Explain and diagram a bull spread- when would you use this strategy?
Determining annualized holding period return : You purchased 300 shares of General Electric stock at a price of $71.09 four years ago. You sold all stocks today for $64.62. During that period the stock paid.
The expectations hypothesis and normal backwardization : Differentiate between the expectations hypothesis, normal backwardization, contango and modern portfolio theory.
How much did guo pay in cash dividends : Guo Company has owners' equity of $377,600 and net income of $74,196. How much did Guo pay in cash dividends, and what were its average assets
Synthesized during glycolysis and tca cycle : What happens to NADH and FADH2 that are synthesized during glycolysis and TCA cycle?
Analyze sustainability-led challenges : Evaluate at least three (3) benefits that sustainability-led innovation offers to the environment, the company's operations systems change.
Rial appreciating or deprecating against the dollar : Are you concerned about the Rial appreciating or deprecating against the dollar?
Find what is the net profit on the option : What is your net profit on the option if Pfizer's stock price does not change over the life of the option? (Negative amount should be indicated by a minus sign.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Large investment to upgrade its technology

Edmund Enterprises recently made a large investment to upgrade its technology. While these improvements won't have much effect on performance in the short run, they are expected to reduce future costs significantly.

  Amount of overhead cost allocated

Assuming Smith uses direct labor as a company-wide allocate base before and after automation, what is the amount of overhead cost allocated to each product?

  The red company uses flexible budgeting for cost control

the red company uses flexible budgeting for cost control. red produced 10800 units of product during october incurring

  What are required financial statements of the us government

What are the required financial statements of a federal agency?

  Find newspaper article or web page report of accounting news

You are required to find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration

  Compute ending inventory valuation at december

Compute ending inventory valuation at December 31, 2016, under the FIFO and LIFO cost-flow assumptions

  Significance for a goodwill of the company

What do the 51 companies referred to in the title have in common? What implications does this have regarding the fair value of a company's assets?

  Calculate depreciation for each year of the assets

Discuss the accounting treatment of the depreciation on the equipment. Calculate depreciation for each year of the asset's eight-year life.

  Disbursements on the cash budget

The excess or deficiency of cash available over disbursements on the cash budget is calculated as follows:

  On january 1 2012 morgan company acquires 350500 of

on january 1 2012 morgan company acquires 350500 of nicklaus inc. 9 bonds at a price of 333370. the interest is payable

  Calculate the returns based on the capm model

Choose two firms from that list and discuss whether the betas are what you would expect. Be sure to explain why or why not. Calculate the returns based on the CAPM model. Be sure to state your assumptions

  What is the total paid-in capital

The stockholders' equity of a balance sheet is composed of preferred $7 stock, $250,000; discount on preferred stock, $25,000; common stock, $750,000; premium on common stock, $100,000; retained earnings, $190,000; treasury stock, $80,000. What is..

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