Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. vaughn manufacturing had net income of $100000 and

Vaughn Manufacturing had net income of $100000 and paid dividends of $27650 to common stockholders...

50.1K

Verified Solution

Question

Accounting

Vaughn Manufacturing had net income of $100000 and paid dividends of $27650 to common stockholders and $25000 to preferred stockholders in 2020. Vaughn Manufacturings common stockholders equity at the beginning and end of 2020 was $495000 and $540000, respectively. Vaughn Manufacturings payout ratio for 2020 is

7.65%.

47.65%.

22.65%.

27.65%.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Describe the bonding between carbons in C2H4 using valence bond theory. Which of the following is...

General Management
1.2K views

1. Search, copy and paste a job posting from the internet that reflects what you want...

Accounting
1.2K views

Entries for Installment Note Transactions On January 1, Year 1, Bryson Company obtained a $26,000, four-year, 12%...

Biology
1.2K views

Figure 2 to the right contains Fig 1 as you can see Fig 3 tissue...

Physics
1.2K views

Two electrical bulbs marked 40 W 220 V and 60 W 220V when connected in...

Geometry
1.2K views

Given the circle below with secant YXW and tangent VW find the length of YX...

Geometry
1.2K views

Which statement is not necessarily true Given is the bisector of JL A DE ID...

Geometry
1.2K views

24 Evaluate the following expression 0 2an 6 where n is a whole number sec...

Basic Math
1.2K views

Choose the single logarithmic expression that is equivalent to the one shown.log 8+ log 3log...

Basic Math
1.2K views

For the given principal, interest rate, and time period, determine the amount of interest that...

Calculus
1.2K views

Find the point on the line y = 4x + 2 that is closest to...

Accounting
1.2K views

Patti Jones plans to withhold $48 from her monthly paycheck and have it deposited in...