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Use the Following Selected Financial Data from the Balance Sheet

Question 23

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Use the following selected financial data from the balance sheet at the end of 2020 and 2019: Use the following selected financial data from the balance sheet at the end of 2020 and 2019: Net income for 2020 and 2019 was $120,000 and $460,000, respectively. No stock was issued during either year, but dividends of $20,000 and $16,000 were paid in 2020 and 2019, respectively. A)What is return on common equity ratio for 2020? B)What is the dividend payout ratio for 2020? C)What is the earnings per share measure for 2020? D)What other stockholder ratios would be helpful in assessing information of interest to stockholders? Net income for 2020 and 2019 was $120,000 and $460,000, respectively. No stock was issued during either year, but dividends of $20,000 and $16,000 were paid in 2020 and 2019, respectively.
A)What is return on common equity ratio for 2020?
B)What is the dividend payout ratio for 2020?
C)What is the earnings per share measure for 2020?
D)What other stockholder ratios would be helpful in assessing information of interest to stockholders?

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A)Return on Common Equity:
$120,000 net ...

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