Refer to Rhodes Bakery The Company Had No Preferred Shares Throughout the Period Year

question 24

Essay

Refer to Rhodes Bakery.Calculate the following shareholder ratios for Year 3 and Year 2: earnings per share,return on common equity,dividend yield,dividend payout,total payout,and share repurchase payout ratios.Round your answers to two decimal places,then comment on the company's shareholder performance.
Additional information is available below:
$$\begin{array} { l r r } & \text { Year 3 } & \text { Year 2 } \\ \text { Net income }& \$ 24,000 & \$ 28,750 \\\text { Dividends paid }& \$ 1,500 & \$ 875 \\\text { Average number of shares autstanding } & 22,812 & 17,500 \\\text { Closing market price per share } & \$ 24.00 & \$ 18.00\end{array}$$
The company had no preferred shares throughout the period Year 1 through Year 3.At December 31,Year 1,total shareholders' equity was $287,500.

Recognize the importance of population selection and how it impacts study validity.

Understand the process of establishing statistical correlation and its implications.

Comprehend the distinctions between proxy, control, and experimental groups in studies.

Identify logical fallacies related to causal relationships and correlations.

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Definitions:

Heterosexism

The belief or assumption that heterosexuality is the only natural, normal, or superior sexual orientation, leading to discrimination against non-heterosexual orientations.

Sex Education

Teaching about human sexuality, including aspects of relationships, reproductive health, and sexual behavior.

Sexuality

Encompasses sex, identity, and eroticism; it is a complex part of the human condition impacted by biological, psychological, and sociocultural factors.

Essentialist Approaches

Theories or methods that attribute fixed, intrinsic, natural characteristics to individuals or groups based on race, gender, culture, or nationality.