Solution-What were its average total assets

What were its average total assets

Reference no: EM131146638

1. Schiller Company has stockholders' equity of $400,000 and net income of $72,000. It has a payout ratio of 18% and a return on assets ratio of 20%. How much did Schiller pay in cash dividends, and what were its average total assets?

Reference no: EM131146638

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What were its average total assets : Schiller Company has stockholders' equity of $400,000 and net income of $72,000. It has a payout ratio of 18% and a return on assets ratio of 20%.

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What were its average total assets

Reference no: EM131146638

Reference no: EM131146638

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