The following financial information is available for monty corporation. (in millions) 2022 2021 average common stockholders’ equity $2,500 $2,600 dividends declared for common stockholders 300 638 dividends declared for preferred stockholders 30 30 net income 500 550calculate the payout ratio and return on common stockholders’ equity for 2022 and 2021.
pref share pay out ratio = 0.06
common stock = 0.2
pref share pay out ratio = 0.055
common stock = 0.21
pay out ratio = dividend paid or declared/net income
return on common stock equity = net income/average common stock
q1 is cash is accepted everywhere not true for credit
q2 ans is tariffs and exercise taxes
verisign is a third-party certification seal program that verifies that a business protects confidential information with ssl encryption. verisign secured basically means that the identity of the website we try to access is been verified and validated by verisign, also verisign is involved with utilizing ssl protocol, encrypting transactions and communications for business protection and confidentiality.