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14. return on common stockholders equity 15. earnings per share on common stock 16. price-earnings ratio

14. return on common stockholders equity 15. earnings per share on common stock 16. price-earnings ratio

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.19P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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14. return on common stockholders equity

15. earnings per share on common stock

16. price-earnings ratio

17. dividends per share of common stock

18. dividend yield

please and i repeat please answer 14-18 i do NOT need help on 1-13 i have those answers already. I have provided all the information. Please help me

877 percentages, except for per-share amounts: For the Years Ended December 31, 20Y2 and 20Y1 Stargel Inc. Comparative Income Statement 20Y2 20Υ1 Sales.... $10,000,000 $9,400,000 Cost of goods sold... Gross profit.. Selling expenses 5,350,000 $ 4,650,000 $ 2,000,000 4,950,000 $4,450,000 ... ... $1,880,000 Administrative expenses. Total operating expenses.. Income from operations. 1,500,000 $ 3,500,000 $ 1,150,000 1,410,000 $3,290,000 $1,160,000 .. Other revenue 150,000 140,000 $1,300,000 $ 1,300,000 Other expense (interest) 170,000 $ 1,130,000 150,000 ... ... Income before income tax $1,150,000 ... Income tax expense 230,000 225,000 .. Net income $ 900,000 $ 925,000 .. Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Assets Current assets: Cash .... $ 500,000 $ 400,000 Marketable securities.... Accounts receivable (net)... 1,010,000 1,000,000 740,000 510,000 Inventories .... 1,190,000 950,000 Prepaid expenses. Total current assets..... 250,000 229,000 $3,690,000 $3,089,000 Long-term investments... 2,350,000 2,300,000 Property, plant, and equipment (net)... Total assets.... 3,740,000 3,366,000 $9,780,000 $8,755,000 Liabilities Current liabilities.... $ 900,000 $ 880,000 Long-term liabilities: Mortgage note payable, 10%... Bonds payable, 10%.. Total long-term liabilities.. Total liabilities .. $ 200,000 %24 0. 1,500,000 $1,700,000 $2,600,000 1,500,000 $1,500,000 $2,380,000 Stockholders' Equity Preferred $0.90 stock, $10 par .. .. Common stock, $5 par..... Retained earnings..... Total stockholders' equity..... $ 500,000 $ 500,000 500,000 500,000 6,180,000 5,375,000 $6,375,000 $7,180,000 Total liabilities and stockholders' equity.. $9,780,000 $8,755,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including
Transcribed Image Text:877 percentages, except for per-share amounts: For the Years Ended December 31, 20Y2 and 20Y1 Stargel Inc. Comparative Income Statement 20Y2 20Υ1 Sales.... $10,000,000 $9,400,000 Cost of goods sold... Gross profit.. Selling expenses 5,350,000 $ 4,650,000 $ 2,000,000 4,950,000 $4,450,000 ... ... $1,880,000 Administrative expenses. Total operating expenses.. Income from operations. 1,500,000 $ 3,500,000 $ 1,150,000 1,410,000 $3,290,000 $1,160,000 .. Other revenue 150,000 140,000 $1,300,000 $ 1,300,000 Other expense (interest) 170,000 $ 1,130,000 150,000 ... ... Income before income tax $1,150,000 ... Income tax expense 230,000 225,000 .. Net income $ 900,000 $ 925,000 .. Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Assets Current assets: Cash .... $ 500,000 $ 400,000 Marketable securities.... Accounts receivable (net)... 1,010,000 1,000,000 740,000 510,000 Inventories .... 1,190,000 950,000 Prepaid expenses. Total current assets..... 250,000 229,000 $3,690,000 $3,089,000 Long-term investments... 2,350,000 2,300,000 Property, plant, and equipment (net)... Total assets.... 3,740,000 3,366,000 $9,780,000 $8,755,000 Liabilities Current liabilities.... $ 900,000 $ 880,000 Long-term liabilities: Mortgage note payable, 10%... Bonds payable, 10%.. Total long-term liabilities.. Total liabilities .. $ 200,000 %24 0. 1,500,000 $1,700,000 $2,600,000 1,500,000 $1,500,000 $2,380,000 Stockholders' Equity Preferred $0.90 stock, $10 par .. .. Common stock, $5 par..... Retained earnings..... Total stockholders' equity..... $ 500,000 $ 500,000 500,000 500,000 6,180,000 5,375,000 $6,375,000 $7,180,000 Total liabilities and stockholders' equity.. $9,780,000 $8,755,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including
PR17-4B Measures of liquidity, solvency and profitability The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Retained earnings, January 1 $5,375,000 %244,545,000 Net income 925,000 Total $6,275,000 %245,470,000 Dividends: Preferred stock dividends %2 45,000 Common stock dividends Total dividends to 00 Retained earnings, December 31 $46,180,000 $5,375,000 ..
Transcribed Image Text:PR17-4B Measures of liquidity, solvency and profitability The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Retained earnings, January 1 $5,375,000 %244,545,000 Net income 925,000 Total $6,275,000 %245,470,000 Dividends: Preferred stock dividends %2 45,000 Common stock dividends Total dividends to 00 Retained earnings, December 31 $46,180,000 $5,375,000 ..
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