The following information pertains to Marsh Company. Assume that all balance sheet 20. amounts represent average balance figures. Total asset $400,000 Stockholders' equity-common 200,000 Total stockholders' equity 280,000 Sales revenue 120,000 Net income 30,000 Number of shares of common stock 8,000 Common dividends 6,000 Preferred dividends 4,000   What is Marsh's payout ratio? 33.3% a. b. 20.0% 13.3%. C. d. 5.0%

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Chapter10: Stockholder's Equity
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Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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The following information pertains to Marsh Company. Assume that all balance sheet 20. amounts represent average balance figures. Total asset $400,000

Stockholders' equity-common 200,000

Total stockholders' equity 280,000

Sales revenue 120,000

Net income 30,000

Number of shares of common stock 8,000

Common dividends 6,000

Preferred dividends 4,000

 

What is Marsh's payout ratio? 33.3% a. b. 20.0% 13.3%. C. d. 5.0%

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