Guo Company has owners equity of $360,800 and net income of $100,112. It has a payout ratio of 29% and a return on assets of 16%. How much did Guo pay in cash dividends, and what were its average assets? (Round answers to 0 decimal places, e.g. 125.)   Cash dividends =   Average assets =

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Q: Barts Industries, Inc., has total assets as follows: $50,000 in cash, $15,000 in short-term…

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A: Amount of total assets equals to sum of total liabilities and shareholders’ equity. Shareholders’…

Q: Guo Company has owners equity of $354,300 and a net income of $114,720. It has a payout ratio of…

A: Given Data: Owner's Equity=$354,300 Net Income=$114,720. Payout Ratio = 23% Return on Assets = 15%

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Q: return on total assets

A: Return on total assets = Net income * 100/ Average total assets

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A: Equity=$160000Total assets=$315000Net income=$34000Dividends=$4400

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A: Here, Net Income is 16,000 Assets is 350,000

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Q: How much did Guo pay in cash dividends, and what were its average assets?

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A: Sales = 15000000 Total assets = 1260000 Total debt = 560000 Equity = Assets - debts  = 1260000 -…

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Q: How much did Guo pay in cash dividends, and what were its average return on assets?

A:

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A: Excel Spreadsheet: Excel Workings:

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