146. Oriole Company had net income of $2023000 and paid dividends to common stockholders of $316000 in 2017. The weighted average number of shares outstanding in 2017 was 421000 shares. Oriole Company common stock is selling for $50 per share on the NASDAQ. Tito Corporation's payout ratio for 2017 is $5 per share. 169%. 13%. 89%.

146. Oriole Company had net income of $2023000 and paid dividends to common stockholders of $316000 in 2017. The weighted average number of shares outstanding in 2017 was 421000 shares. Oriole Company common stock is selling for $50 per share on the NASDAQ. Tito Corporation's payout ratio for 2017 is $5 per share. 169%. 13%. 89%.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

A-2
1. Concord Corporation had net income of $203000 and paid dividends to common stockholders of $35000 in 2020. The weighted average number of shares outstanding in 2020 was 50000 shares. Concord Corporation's common stock is selling for $121.80 per share on the New York Stock Exchange. Concord Corporation's price-earnings ratio is A. 3.4 times. B. 30.0 times. C. 21.0 times. D. 36.3 times.
None
Please provide Solutions
Rakesh
Metlock Corporation had 2017 net income of $1,001,000. During 2017, Metlock paid a dividend of $2 per share on 43,250 shares of preferred stock. During 2017, Metlock had outstanding 295,000 shares of common stock.Compute Metlock’s 2017 earnings per share
Sunland Company has 600 shares of 10%, $100 par value, cumulative preferred stock and 30000 shares of $1 par value common stock outstanding at December 31, 2017. What is the annual dividend on the preferred stock?
qr.1.
None
5
In 2017 Pedroni Corporation reported net income of $1,000,000. It declared and paid preferred stock a dividend of $250,000. During 2017, Pedroni had a weighted average of 190,000 shares outstanding. Compute Pedroni's Earnings Per Share.
Belltower, Inc. has net income for 2016 of $370,000. At January 1, 2016, the company had outstanding 54,000 shares of $50 par value common stock and 10,000 shares of 6%, $100 par value cumulative preferred stock. On September 1, 2016, an additional 18,000 shares of common stock were issued.What is the earnings per share for 2016 (to the nearest cent)? Question 14 options: A) $4.44 B) $6.17 C) $4.31 D) $5.17