FIN205_Assessment 2_

Which of the following describes preferred stock? a. Stock that sells for a very high price b. Stock that is purchased by the corporation for investment purposes c. Stock that is sold to employees of the company as a performance incentive d. Stock which gives shareholders certain preferences and advantages over common stock Clear my choice Question 10 Not yet answered Marked out of 1.00 Flag question Question text Supper Company Ltd., reported the following stockholders’ equity on its balance sheet at June 30, 2021: Supper Company Ltd. Stockholders’ Equity June 30,2021   Paid-in Capital   Preferred stock, 10%,? par, 650,000 shares authorized, 280,000 shares issued $ 1,400,000 Common stock, par value $? per share, 5,000,000 shares authorized, 1,000,000 shares issued and outstanding 2,000,000 Paid-in capital in excess of par—common 6,000,000 Retained Earnings 12,300,000     Which of the following is the correct total…

Assignment Content 1. Determine the Basic and Diluted Earnings Per Share for Company X. All necessary Information is listed below. Show your calculations. 2. In 100 words, or fewer, explain why investors should be more interested in the the Diluted EPS number than the Basic EPS number. Company X information for Diluted Shares calculations for period 201X: Earnings for Year 201X - $20 million Average Basic shares outstanding for Company X in 201X – 10 million Average Stock Price for year 201X - $6.00 Warrants to purchase common shares: - Warrants A to purchase 2 million shares ex @ $2.00 - Warrants B to purchase 3 million shares ex @ $5.00. Assume the A and B Warrants are the only additional securities outstanding (besides the basic shares) for Company X in 201X. Hint: Carefully Review PowerPoint lecture slides 7 - 12, Text pages 245 -246, and the Podcast. Also, there is nothing wrong with looking up other Diluted EPS definitions online.

Selected Answer: Company AAA is public. Selected financial information follows:     Net income             35,723       Shares outstanding             9,200       Share price               75.50                   Company BBB is private. It has net income of $5,500 and 2,000 shares outstanding.   Using the company AAA as a comparable, what is the value per share of BBB?   Enter your answer to the nearest cent (two decimal places)

An investor purchases 100 shares of stock on the New York Stock Exchange. Which of the following terms best describes this transaction Question 4Select one: a. Initial Public offering b. Seasoned market offering c. Secondary market transaction d. Margin call

Print by: Tanvi Varma374275:374275: Intermediate Accounting Theory and Practice MGMT X 120B (Summer 2020) / Ch. 15 HW           *Exercise 15-18   Nash Company reported the following amounts in the stockholders’ equity section of its December 31, 2019, balance sheet. Preferred stock, 9%, $100 par (10,000 shares authorized, 1,800 shares issued)   $180,000 Common stock, $5 par (96,000 shares authorized, 19,200 shares issued)   96,000 Additional paid-in capital   113,000 Retained earnings   449,000    Total   $838,000 During 2020, Nash took part in the following transactions concerning stockholders’ equity. 1.   Paid the annual 2019 $9 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. 2.   Purchased 1,800 shares of its own outstanding common stock for $42 per share. Nash uses the cost method. 3.   Reissued 800 treasury shares for land valued at $34,500. 4.…

2.1 Fact finding of the trading on ASXAssuming your group is working for an institutional investor that is considering to tradeactively on ASX in the near future. Go to the website of Australian Stock Exchange (ASX), doa fact finding to answer the following questions:(1) Identify at least 5 types of information the public companies provide on the area ofPrevious Trading Day Announcement.(2) How are the dividend released by the public companies listed on ASX. Briefly explainthe concepts of ex-dividend date, record date, date payable, dividend franking andtype of dividends by the companies listed on ASX.(3) Name 7 types of trading reports listed in ASX 24 Reports. Briefly describe the contentof each report.(4) How many types of calculators available on ASX website for the usage of investors andpractitioners? Name them and explain the usage of each calculator.(5) What are the questions you should ask your broker before you start trading?2.2 Fact Finding of financial market regulator in…

Weinstein's Nordic Italian Cuisine, Inc. The stockholders' equity accounts of Weinstein's Nordic Italian Cuisine, Inc. balances as of December 31, 2023: Required: Prepare the appropriate journal entry for each of the following transactions: a b PCPE d e f g Common stock, $2 par Paid in capital in excess of par Retained earnings h 15-Jan-24 14-Feb-24 9-May-24 20-Jun-24 31-Oct-24 12-Nov-24 20-Nov-24 WNIC declares a 2% stock dividend Shares of WNIC are currently selling on the NYSE at $10. Stock dividend distribution date, FMV of stock = $10.50 WNIC declares a $.25 per share cash dividend Cash dividend payment date WNIC declares a 40% stock dividend 1,680,672 375,000 3,500,000 Shares of WNIC are currently selling on the NYSE at $11. Stock dividend distribution date, FMV of stock = $11.25 WNIC declares a property dividend providing that each holder of 50 shares of common stock will receive a frozen eggplant dinner with a fair value of $8.50/dinner. The dinners are currently carried in in…

2.1 Fact finding of the trading on ASXAssuming your group is working for an institutional investor that is considering to tradeactively on ASX in the near future. Go to the website of Australian Stock Exchange (ASX), doa fact finding to answer the following questions:(1) Identify at least 5 types of information the public companies provide on the area ofPrevious Trading Day Announcement.(2) How are the dividend released by the public companies listed on ASX. Briefly explainthe concepts of ex-dividend date, record date, date payable, dividend franking andtype of dividends by the companies listed on ASX.(3) Name 7 types of trading reports listed in ASX 24 Reports. Briefly describe the contentof each report.(4) How many types of calculators available on ASX website for the usage of investors andpractitioners? Name them and explain the usage of each calculator.(5) What are the questions you should ask your broker before you start trading?2.2 Fact Finding of financial market regulator in…

ed A company has the following balance sheet (market values): Liabilities + Equity Debt Equity Assets Cash Operating Assets 600 1000 400 1200 If the firm has 300, find its fair share price after it repurchases 100 worth of shares: (round your answer to the nearest 0.01)

ABP signment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress=false Calculator Alliance Corp. issues 2,370 shares of $12 par value common stock at $15 per share. When the transaction is recorded, what credit entry or entries are made? Select the correct answer. Common Stock $35,550. Common Stock $7,110 and Retained Earnings $28,440. Common Stock $28,440 and Paid-in Capital in Excess of Par Value $7,110. Common Stock $28,440 and Paid-in Capital in Excess of Stated Value $7,11o. 4:03 PM

1. The cost method of accounting for stock investments is used when the company acquires a. Greater than 50% of the company's stock b. Between 20% to 50% of the company's stock c. Less than 20% of the company's stock 2. The significance of percentage of ownership relates to how much _____________ the acquiring company has in the new company. a. data b. control c. confidence

engageNOWv2 | Online teachin x * CengageNOWv2 | Online teachir x + Lcom/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. Common Stockholders' Profitability Analysis A company reports the following: Net income $130,000 Preferred dividends 5,200 Average stockholders' equity 1,150,442 Average common stockholders' equity 583,178 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place a. Return on Stockholders' Equity % b. Return on Common Stockholders' Equity % Previous Next Check My Work Email Instructor Save and Exit Submit Assignment for Grading All work saved. 12:02 PM (? 69°F Sunny A O E O a ) 12/3/2021 prt sc delete home no 1l 40 backspacO lock &

If the owner of 200 shares sells his or her stock, the trade is said to have occcured in the _market. Select one: O a. Secondary O b. IPO O . Equity O d. Primary

* CengageNOWv2 | Online teachir X D2L Ch 16 Quiz - ACC 242 01 - Intern X com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Print Item Marco, Inc. determined the following information concerning its common stock during 2020: January 1 15,600 shares outstanding March 1 Issued a 3-for-1 stock split July 1 Issued 1,500 additional shares October 1 Reacquired 2,000 shares Required: What should Marco, Inc. use as the denominator for its basic earnings per share calculation for 2020? Round intermediate and final answer to the whole number. Weighted average number of common shares outstanding 47,050 X

From page 10-1 of the VLN, when a company sells shares of stock, those shares of stock are said to be: Group of answer choices A. Authorized shares B. Issued shares C. Outstanding shares D. Treasury shares

Assan Offical O Academic Portal t- LIBIS - Sampoerna.. O Dashboard O VitalSource Booksh.. O Spotify - Web Player P MLA Formatting an. Credible and Non-. E Reading 20 Q A Instructions a. Prepare an income statement for 2022. Assume that 60,000 ordinary shares are outstanding. b. Prepare a retained earnings statement for 2022. E4.10 (LO 3) (Earnings per Share) The equity section of Sosa SA appears below as of December 31, 2022. Share capital-preference (6% preference shares, R$50 par value, authorized 100,000 shares, outstanding 90,00o shares) Share capital-ordinary (R$1 par, authorized and issued 10 million shares) R$ 4,500,000 10,000,000 Share premium-ordinary 20,500,000 Retained earnings R$134,000,000 Net income 33,000,000 167,000,000 R$202,000,000 Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$12,000,000 (before tax) as a result of discontinued operations. Preference dividends of R$270,000 were declared and paid in…

Question 10 The par value per share of common stock represents: a. an arbitrary amount established in the articles of incorporation b. the amount of dividends per share to be received each year c. the minimum selling price of the stock established by the articles of incorporation. d. the minimum amount the stockholder will receive when the corporation is liquidated. A Click Submit to complete this assessment.

ageNOWv2 | Online teach x B Vincent Corporation has 92,00 x akeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress%3false Update : Wonder Sales is authorized to issue 100,000 shares of 2%, $100 par preferred stock and 1,000,000 shares of $10 par common stock. Journalize the following transactions. a. On January 2, Wonder Sales issues 5,000 shares of preferred stock for $110 per share and 65,000 shares of common stock at $10 per share. If an amount box does not require an entry, leave it blank. Jan. 2 b. On January 25, Wonder Sales issued 250 shares of preferred stock to a Morton Law Firm for settlement of a $36,000 invoice for incorporation services. If an amount box does not require an entry, leave it blank. Jan. 25 C. On January 31, Wonder Sales issues 500 shares of common stock to Setup Inc. for fixtures that have a fair market value of $8,500. If an amount box does not require an entry, leave it blank. Jan. 31

A company reports earnings per share on common stock of $2.00 when the market price of per share of common stock is $50.000.  What is the company’s price-earnings ratio? Group of answer choices 25.0 5.0 $2.00 2.5

Question 3:.. CL03 A. The following selected transactions pertain to L. Lewis Corporation: Jan. 3 Issued 100,000 shares, $10 par value, common stock for $25 per share. Feb. 10 Issued 6,000 shares, $10 par value, common stock in exchange for special purpose equipment. L. Lewis Corporation's common stock has been actively traded on the stock exchange at $30 per share. Date Account title Debit Credit

Quiz FART (Protected View) - Word PUTERI NUR AISYAH BINTI AZHAR FN File Home Insert Draw Design Layout References Mailings Review View Help O Tell me what you want to do Meranti Maju Bhd has the following equity balances at 31 December 2019. RM'000 Share Capital –Ordinary, 22,000,000 shares outstanding Retained Earnings Exchange Translation Reserve 47,300 283,800 5,350 During 2020, the following transactions occurred: Date Transactions 20 March Issued 1 million shares at a price of RM2.20 per share. The transaction cost related to the issuance of shares was RMO.15 per share. 30 September Declared a 2% share dividend to existing shareholders. The share dividend was distributed on the same date. The market price of share was RM2.40. 31 December Declared a cash dividend of RMO.50 per share on outstanding shares. Additional information: 1. 2. Profit for the year 2020 was RM12,000,000. Exchange translation loss recognized during the year 2020 was RM70,000. Required: (Round all figures to…

Briefly outline the significance of the EPS as a measure of financial performance   Outline TWO (2) disclosure and presentation requirements of IAS33    The firm had 10 million common stocks in issue for the year ending December 31 2022. On the 1 January 2023 it had issued $2 million of 6% convertible debentures, each $5.00 of debentures can be converted into four common shares on the 1 of January at the option of the holder of the debenture. The firm had profit after tax for the year ended December 31, 2022, of $1 850 000. The firm pays tax at 30% for the year ended. Required: Calculate the Basic and diluted EPS for the year 2022   Outline the need to disclose a diluted EPS figure and on the relevance of this to the sharehol

q3   The Issue of shares by the company to the shareholders for the first time is called as what? a. Public issue b. Offer for sale c. Private Placement d. Rights Issues   q4 Which of the following Institutions are compensated via commission after the transaction has been successfully completed for buying or selling securities? a. Investment Company b. Brokerages c. Insurance Companies d. Savings and Loans Association