Assume a company provided the following information:Net income$ 60,000Number of common shares outstanding, beginning of the yearNumber of common shares outstanding, end of the yearMarket price per shareDividends per share45,00055,0002$150.50$200,000Total assets, end of the yearTotal liabilities, end of the year$ 80,000The earnings per share is closest to:

Earning Per share = Earning available to Common Stockholders / Average Share outstanding Earning…

Answered: Assume a company provided the following…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Common Stockholders' Profitability Analysis A company reports the following: Net income $275,000 Preferred dividends 11,000 Average stockholders' equity 1,978,417 Average common stockholders' equity 1,281,553 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 fill in the blank 1 % b. Return on Common Stockholders’ Equity fill in the blank 2 %
how to compute earnings per share please dont give image based thanku
Five Measures of Solvency or Profitability The balance sheet for Bearing Industries Inc. at the end of the current fiscal year indicated the following: Bonds payable, 7% $1,400,000 320,000 Preferred $5 stock, $100 par Common stock, $12 par 600,000 Income before income tax was $254,800, and income taxes were $38,800, for the current year. Cash dividends paid on common stock during the current year totaled $30,000. The common stock was selling for $40 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio b. Earnings per share on common stock c. Price-earnings ratio d. Dividends per share of common stock e. Dividend yield $ $ times %
A company reports the following: Net income $697,770 Preferred dividends $51,690 Shares of common stock outstanding 48,000 Market price per share of common stock $39.03 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent. $fill in the blank 1
A company reports the following: Net income $171,720 Preferred dividends $12,720 Shares of common stock outstanding 25,000 Market price per share of common stock $18.44 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.
A company reports the following: Net income $233,000 Preferred dividends $13,000 Shares of common stock outstanding 40,000 Market price per share of common stock $43.45 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. b. Determine the company's price-earnings ratio. Round to one decimal place.
A company reported the following: Net income $423,790 Preferred dividends $31,390 Shares of common stock outstanding 36,000 Market price per share of common stock $184.43 Calculate the company's price-earnings ratio. Round your answer to two decimal places.fill in the blank 1
Common Stockholders' Profitability Analysis A company reports the following: Net income $320,000 Preferred dividends 12,800 Average stockholders' equity 2,644,628 Average common stockholders' equity 1,484,058 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 fill in the blank % b. Return on Common Stockholders’ Equity fill in the blank %
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Stockholder Profitability Ratios The following information pertains to Montague Corporation: Net income $60,000 Average common equity $1,500,000 Preferred dividends $7,500 Average common shares outstanding 100,000 Required: Calculate the return on common equity and the earnings per share. Round your answers to two decimal places. Return on common equity fill in the blank 1 % Earnings per share $fill in the blank 2 per share
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A company reports the following: Net income $133,720 Preferred dividends 12,060 Average stockholders' equity 1,064,390 Average common stockholders' equity 887,500 Round percentages to one decimal place. a. Determine the return on stockholders' equity.fill in the blank 1% b. Determine the return on common stockholders' equity.fill in the blank 2%

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