Voorhees company has stockholders equity of 395900 and net

Reference no: EM13583527

Voorhees Company has stockholders' equity of $395,900 and net income of $66,900. It has a payout ratio of 12% and a return on assets of 20%. How much did Voorhees pay in cash dividends, and what were its average total assets?

Reference no: EM13583527

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