Dividends on common stock


Lundberg Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $20 thousand. The market price of common stock at the end of Year 2 was $9.36 per share. Compute the following for Year 2:

a. Gross margin percentage.

b. Earnings per share .

c. Price-earnings ratio.

d. Dividend payout ratio.

e. Dividend yield ratio.

f. Return on total assets.

g. Return on common stockholders' equity.

h. Book value per share.

i. Working capital.

j. Current ratio.

k. Acid-test ratio.

l. Accounts receivable turnover.

m. Average collection period.

n. Inventory turnover.

o. Average sale period.

p. Times interest earned.

q. Debt-to-equity ratio.

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Accounting Basics: Dividends on common stock
Reference No:- TGS0674779

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