Ming company has stockholders equity of 400000 and net
Ming Company has stockholders' equity of $400,000 and net income of $68,000. It has a payout ratio of 20% and a rate of return on assets of 16%. How much did Ming pay in cash dividends, and what were its average assets?
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ming company has stockholders equity of 400000 and net income of 68000 it has a payout ratio of 20 and a rate of return
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