A firm reported the following financials for 2021: Sales revenue = $3,060 Accounts receivables = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 COGS = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 The firm's EPS, rounded to the nearest cent for 2021 was

A firm reported the following financials for 2021: Sales revenue = $3,060 Accounts receivables = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 COGS = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 The firm's EPS, rounded to the nearest cent for 2021 was

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Nash's Trading Post, LLC issued 14800 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $36000 and issued long-term notes payable of $326000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows?
Calculate the projected price/earnings ratio and market/book ratio. Explain whether these ratios indicate that investors will be expected to have a high or low opinion of the company. Computron's Balance Sheets (Millions of Dollars) 2019 2020 Assets Cash and equivalents $ 60 $ 50 Short-term investments 100 10 Accounts receivable 400 520 Inventories 620 820 Total current assets $ 1,180 $ 1,400 Gross fixed assets $ 3,900 $ 4,820 Less: Accumulated depreciation 1,000 1,320 Net fixed assets $ 2,900 $ 3,500 Total assets $ 4,080 $ 4,900 Liabilities and equity Accounts payable $ 300 $ 400 Notes payable 50 250 Accruals 200 240 Total current liabilities $ 550 $ 890 Long-term bonds 800 1,100 Total liabilities $ 1,350 $ 1,990 Common stock 1,000 1,000 Retained earnings 1,730 1,910 Total equity $ 2,730 $ 2,910 Total liabilities and equity $ 4,080 $ 4,900…
Tamarisk Co. reports the following information for 2020: sales revenue $769,400, cost of goods sold $502,400, operating expenses $88,400, and an unrealized holding loss on available-for-sale debt securities for 2020 of $57,800. It declared and paid a cash dividend of $14,160 in 2020. Tamarisk Co. has January 1, 2020, balances in common stock $365,300; accumulated other comprehensive income $90,400; and retained earnings $91,010. It issued no stock during 2020. (Ignore income taxes.) Prepare a statement of stockholders' equity. TAMARISK CO. Statement of Stockholders' Equity For the Year Ended December 31, 2020 Accumulated Other Total Retained Earnings Comprehensive Income Common Stock
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Algo Plc reported total revenue for 2019 of £1.3 million. Algo's 2019 shares outstanding were 1.4 million. The price/sales (P/S) ratio for Micro Plc, a close competitor of Algo, is 9.5. What could Algo's price per share be based on the data given (round it to two decimal points)?
A firm has the following accounts and financial data for 2014: Sales: $3060 - Accounts Receivable: $500 Interest Expense: $126 - Total Operating Expense: $600 - Accounts Payable: $240 - Cost of Goods Sold: $1800 Preferred Stock Dividends: $18 - Tax Rate: 40% - Number.of shares of common stock: 1,000. The firm's earnings available to common shareholders for 2014 is O a. $195.40 O b. $302.40 O c. -$224.25 O d. $516.60
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In 2021, Jake's Jamming Music, Inc., announced an ROA of 8.65 percent, ROE of 15.40 percent, and profit margin of 15.1 percent. The firm had total assets of $10.4 million at year-end 2021. Calculate the 2021 value of net income available to common stockholders for Jake’s Jamming Music, Inc. (Enter your answer in dollars. Round your answer to the nearest whole dollar.) Net Income = _________ Calculate the 2021 common stockholders’ equity for Jake’s Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Common Stockholders' Equity = _______ Calculate the 2021 net sales for Jake’s Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Net Sales = __________
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