Assume a company provided the following Information: $ 52,000 45,000 55,000 $ $ Net income Number of common shares outstanding, beginning of the year Number of common shares outstanding, end of the year Market price per share Dividends per share Total assets, end of the year Total liabilities, end of the year 15 0.50 $200,000 $ 80,000 The earnings per share is closest to: Multiple Cholce O $1.04. O $1.24. $1.44. $1.34.

Assume a company provided the following Information: $ 52,000 45,000 55,000 $ $ Net income Number of common shares outstanding, beginning of the year Number of common shares outstanding, end of the year Market price per share Dividends per share Total assets, end of the year Total liabilities, end of the year 15 0.50 $200,000 $ 80,000 The earnings per share is closest to: Multiple Cholce O $1.04. O $1.24. $1.44. $1.34.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the balance sheet date, MJOs stock was selling for S25 per share. Required: Assuming MJOs dividend yield is 1%, what are the dividends per common share? Assuming MJOs dividend yield is 1% and its dividend payout is 20%, what is MJOs net income?
Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: a. Determine the earnings per share for 20Y5 and 20Y6. b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable?
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
Assume a company provided the following information: Net income $ 60,000 Number of common shares outstanding, beginning of the year Number of common shares outstanding, end of the year Market price per share 45,000 55,000 $ 11.25 $ 0.50 $ 200,000 $ 80,000. Dividends per share Total assets, end of the year Total liabilities, end of the year The dividend yield ratio is closest to: Multiple Choice 6.5%. 41.7%. 7.8%.
Assume a company provided the following information: Earnings per share $ 1.20 Number of common shares outstanding, beginning of the year 45,000 Number of common shares outstanding, end of the year 55,000 Price - earnings ratio 12.50 Dividend yield ratio 4% The dividend per share is closest to: Multiple Choice $1.10. $0.90. $1.20. $0.60.
Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:20Y520Y6Net income$1,680,000$2,578,500Preferred dividends$60,000$60,000Average number of common shares outstanding90,000shares115,000sharesa. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places.
Solving hor Stockheiders Equity Amaunts Asume that the foitowing amounts are known for Colten Company for the current year Retained Earnings, beginning balance $346,000 etuned tarnings, ending balance 415,000 Net income 190,000 Fair valoe of arge stock dividend dectared 42,000 Oividend Payable, beginning balance 125,000 Dividend Payable, ending balance 138,000 Requiredi 1. Assume that the ortly atter amount that affected Retained Earnings during the year was a cash dividend that was declared. Compute the amount of the cash dividend deciared during the curent yeat 2. Compute the amount of cash aividends actually paid in cash tif stockhoiders during the year.
Particulars No. of equity shares Profit after tax Market Price Per Share Compute the following: i) EPS of both the companies ii) Exchange Ratio Infinity Limited 6,00,000 $20,00,000 $20 Global Limited 2,00,000 $10,00,000 $15
An entity provided the following information at year-end: Preference share capital, at par 2,000,000 Ordinary share capital, at par 3,000,000 Share premium 1,000,000 Sales 10,000,000 Total expenses 7,800,000 Treasury shares at cost – ordinary 500,000 Dividends 700,000 Retained earnings – beginning 1,000,000 What ending balance of Retained Earnings should be reported at year-end?
The following share dividends were declared and distributed by Ivy Company: % of Ordinary Share Outstanding Market Value Par Value 10 315,000 210,000 25 840,000 630,000 How much should be debited to Retained Earnings at the time of declaration?
3. The following share dividends were declared and distributed by Party Company: Percentage of ordinary shares outstanding Market value Par value 10% 225,000 150,000 25% 600,000 450,000 How much should be debited to Retained Earnings at the time of declaration? Group of answer choices 600,000 675,000 750,000 825,000