How much did voorhees pay in cash dividends
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?
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Computer Boutique sells computer equipment and home office furniture. Currently, the furniture product line takes up approximately 50% of the company's retail floor space.
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Krusty, Co. uses a capital intensive production process and allocates maintenance costs to the three producing departments. The maintenance cost for April was $100,000. The three departments had the following usage for April.
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