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Alenkasestr [34]
3 years ago
9

A company had net income of $200,000 and paid dividends to common stockholders of $50,000 in 2022. The weighted average number o

f shares outstanding in 2022 was 2,000 shares. The company’s common stock is selling for $80 per share on the New York Stock Exchange. The company’s payout ratio for 2022 is ________ percent.
Business
1 answer:
likoan [24]3 years ago
3 0

Answer:

25 percent.

Explanation:

Given that,

Net Income =$200,000

Paid dividends to common stockholders = $50,000

Weighted average number of shares outstanding in 2022 = 2,000 shares

Selling price of common stock = $80 per share

Dividend pay-out ratio:

= (Dividend paid to Common Stockholders ÷ Net Income) × 100

= ($50,000 ÷ $200,000) × 100

= 0.25 × 100

= 25%

Therefore, the company’s payout ratio for 2022 is 25 percent.

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While performing activities in project planning, the manager will try to schedule some tasks simultaneously. Resource leveling can be used to balance the workload of the main resources during the duration of of the project usually at the expense of either the time, cost or scope.

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Horton Co. was organized on January 2, 2014, with 500,000 authorized shares of $10 par value common stock. During 2014, Horton h
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What should recreational boaters keep in mind if traveling in waters where there are anglers and hunters?
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