Star corporation had net income of 320000 and paid

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Star Corporation had net income of $320,000 and paid dividends to common stockholders of $80,000 in 2012. The weighted average number of shares outstanding in 2012 was 50,000 shares. Star Corporation's common stock is selling for $30 per share on the New York Stock Exchange. Star Corporation's payout ratio for 2012 is a.9%. b.$4 per share. c.16%. d.25%. 2. Short-term creditors are usually most interested in evaluating a.solvency. b.profitability. c.liquidity. d.marketability. 3. Each of the following is a factor affecting quality of earnings except a.improper recognition. b.alternative accounting methods. c.pro forma income. d.extraordinary items.

Reference no: EM13587263

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