Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Feb 2018 My Price 7.00

Colgate-Palmolive

E1-24.     Specifying Financial Information Users and Uses  (Lo1)

Financial statements have a wide audience of interested stakeholders. identify two or more financial statement users that are external to the company. For each user on your list, specify two questions that could be addressed with financial statement information.

E1-25.     Applying Financial Statement Relations to Compute Dividends    (Lo2)

Colgate-Palmolive reports the following dollar balances in its retained earnings  account.

 

($ millions)

2012

2011

Retained earnings  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

$16,953

$15,649

During 2012, Colgate-Palmolive reported net income of $2,472 million. What amount of dividends, if any, did Colgate-Palmolive pay to its stockholders in 2012? What percent of its net income did Colgate- Palmolive pay out as dividends in 2012?

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Feb 2018 11:02 PM My Price 7.00

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