User Account

All Pages

What is the payout ratio for winger corporation

Assignment Help Accounting Basics
Reference no: EM13338001

Winger Corporation had the following information in its financial statements for the year ended 2007 and 2008:
Cash Dividends for the year 2008 $ 15,000
Net Income for the year ended 2008 124,000
Market price of stock, 12/31/08 24
Common stockholders' equity, 12/31/07 2,200,000
Common stockholders' equity, 12/31/08 2,400,000
Outstanding shares, 12/31/08 120,000
Preferred dividends for the year 2008 30,000

16. What is the payout ratio for Winger Corporation for the year ended 2008?
a. 12.1%
b. 16.0%
c. 36.3%
d. 41.3%

Reference no: EM13338001

Questions Cloud

The acquisition of a new ship : National Cruise Line, Inc. is considering the acquisition of a new ship that will cost $200,000,000 In this regard, the president of the company asked the CFO to analyze cash flows associated with operating the ship under two alternative itine..
Accounting is often referred to as the language of business : Accounting is often referred to as the language of business. What does this mean? Why is it important to know this language? What are some specific areas of business in which you feel the study of accounting will help you?
The discount rate to be used in accounting for pension plan : Identify factors employers should consider when choosing the discount rate to be used in accounting for pension plans of the enterprise.
Specific geographic areas-key customers and sales trends : Your industrial supply company wantsto create a data warehouse where management can obtain a singlecorporate- wide view of critical sales information to identifybest- selling products in specific geographic areas, key customers,and sales trends.
What is the payout ratio for winger corporation : What is the payout ratio for Winger Corporation
The average market price of the stock : The average market price of the stock
What were the standard hours allowed for the units produced : What were the standard hours allowed for the units produced?
Prepare a tax research memorandum to problem : Using your tax research memo template developed in Module One, prepare a tax research memorandum to problem
Potentially questionable on ethical grounds : Could any one please help with this question. Which alleged activities at AIG are potentially questionable on ethical grounds?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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