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File Edit View History Bookmarks Tools Window Help K30%D ? Homework 81 Fietox is onticaly out of date. An update is required to stay secure Update Navw Homework #12 Help Save&Exit; 0 2 Required information The Foundational 15 [LO15-2, LO15-3, LO15-4, LO15-5, LO15-6 The following information applies to the questions displayed below] Markus Company's common stock sold for $6.50 per share at the end of this year. The company paid a common Part 2 of 4 stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financial Ending Beginning Balance Balance Current assets Total assets Current liablities Total liabilities Common stock, $1 par value Total stockholders' equity 57500 $ 50,000 s 108,000 75,000 $83,500 $ 108,000 $ 249,000 $ 233.000 $ 975,000 $1,086.000 $ 97,500 $ 109,500 $ 240,00O $ 216.000 s 185,000 $ 185,000 $ 735,00O 870.000 Total labilties and stockholders' equity $ 975.000 $1086.000

Explanation / Answer

ans 3 Dividend payout ratio 60% DPS/EPS .91/1.51*100% 60 % EPS=279825/185000 1.51 Dividend yiled ratio 14 % DPS/MPS .91/6.5 If any doubt please comment

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