1. The Daily News had net income of $364 of which 42 percent was distributed to the shareholders as dividends. During the year, the company sold $80 worth of common stock. What is the cash flow to stockholders?
$306
$119
$233
$153
$73
2. The Purple Martin has annual sales of $4,900, total debt of $1,200, total equity of $2,400, and a profit margin of 6 percent. What is the return on assets?
8.17 percent
6.00 percent
11.11 percent
24.50 percent
12.25 percent