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Use the following information for questions 98 and 99. Winger Corporation had the following information in its financial statements for the year...
Use the following information for questions 98 and 99. Winger Corporation had the following information in its financial statements for the year ended 2007 and 2008: Cash Dividends for the year 2008 $ 15,000 Net Income for the year ended 2008 124,000 Market price of stock, 12/31/08 24 Common stockholders" equity, 12/31/07 2,200,000 Common stockholders" equity, 12/31/08 2,400,000 Outstanding shares, 12/31/08 120,000 Preferred dividends for the year ended 2008 30,000 What is the payout ratio for Winger Corporation for the year ended 2008? 15 - 22 Test Bank for Intermediate Accounting, Twelfth Edition c. 36.3% d. 41.3% 99. What is the book value per share for Winger Corporation for the year ended 2008?
