The following information pertains to Marsh Company. Assume that all balance sheet amounts represent average balance figures. $$\begin{array} { l r }
\text { Total asset } & \$ 400,000 \
\text { Stockholders' equity-common } & 200,000 \
\text { Total stockholders' equity } & 280,000 \
\text { Sales revenue } & 120,000 \
\text { Net income } & 30,000 \
\text { Number of shares of common stock } & 8,000 \
\text { Common dividends } & 6,000 \
\text { Preferred dividends } & 4,000
\end{array}$$ What is Marsh's payout ratio?
A)33.3%.
B)20.0%.
C)13.3%.
D)5.0%.

Question

The following information pertains to Marsh Company. Assume that all balance sheet amounts represent average balance figures. $$\begin{array} { l r } 
\text { Total asset } & \$ 400,000 \
\text { Stockholders' equity-common } & 200,000 \
\text { Total stockholders' equity } & 280,000 \
\text { Sales revenue } & 120,000 \
\text { Net income } & 30,000 \
\text { Number of shares of common stock } & 8,000 \
\text { Common dividends } & 6,000 \
\text { Preferred dividends } & 4,000
\end{array}$$ What is Marsh's payout ratio?
A)33.3%.
B)20.0%.
C)13.3%.
D)5.0%.

Quizplus · Accepted Answer

The Answer of The following information pertains to Marsh Company. Assume that all balance sheet amounts represent average balance figures. $$\begin{array} { l r } 
\text { Total asset } & \$ 400,000 \
\text { Stockholders' equity-common } & 200,000 \
\text { Total stockholders' equity } & 280,000 \
\text { Sales revenue } & 120,000 \
\text { Net income } & 30,000 \
\text { Number of shares of common stock } & 8,000 \
\text { Common dividends } & 6,000 \
\text { Preferred dividends } & 4,000
\end{array}$$ What is Marsh's payout ratio?
A)33.3%.
B)20.0%.
C)13.3%.
D)5.0%.

The Following Information Pertains to Marsh Company What Is Marsh's Payout Ratio? A)33

The Following Information Pertains to Marsh Company What Is Marsh's Payout Ratio?
A)33