Market price of stock , 12 / 31 / 15 12
Common stockholders ' equity , 12 / 31 / 14 1,000,000
Common stockholders ' equity , 12 / 31 / 15 1,200,000
Outstanding shares , 12 / 31 / 15 100,000
Preferred dividends for the year ended 2015 10,000
What is the payout ratio for Sealy Corporation for the year ended 2015 ?
22 ) Jenks Corporation acquired Linebrink Products on January 1 , 2015 for $ 8,000,000 , and recorded goodwill of $ 1,500,000 as a result of that purchase . At December 31 , 2015 , Linebrink Products had a fair value of $ 6,800,000 . The net identifiable assets of the Linebrink ( excluding goodwill ) had a fair value of