Guo company has owners equity of 357200 and net income of


Question - Guo Company has owners' equity of $357,200 and net income of $61,590. It has a payout ratio of 30% and a return on assets of 10%.

How much did Guo pay in cash dividends, and what were its average assets?

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Accounting Basics: Guo company has owners equity of 357200 and net income of
Reference No:- TGS02836278

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