At the beginning of the year, Vendors, Inc., had owners' equity of $50,825. During the year, net income was $7,025 and the company paid dividends of $4,725. The company also repurchased $9,075 in equity. What was the cash flow to stockholders for the year? Multiple Choice -$4,350 -$13,800 $13,800 $4,350 $11,375

At the beginning of the year, Vendors, Inc., had owners' equity of $50,825. During the year, net income was $7,025 and the company paid dividends of $4,725. The company also repurchased $9,075 in equity. What was the cash flow to stockholders for the year? Multiple Choice -$4,350 -$13,800 $13,800 $4,350 $11,375

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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Melanie Corporation declared cash dividends of $12,600 during the current year. The beginning and ending balances in dividends payable were $360 and $600, respectively. What was the amount of cash paid for dividends? Multiple Choice $12.000. $12,840. $11,640. $12,360. To
At the beginning of the current fiscal year, the balance sheet of Cummings Company showed liabilities of $432,000. During the year, liabilities decreased by $79,000, assets increased by $157,000, and paid-in capital increased by $27,000 to $380,000. Dividends declared and paid during the year were $127,000. At the end of the year, stockholders' equity totaled $758,000. Required: Calculate net income or loss for the year. Note: Amounts to be deducted should be indicated with a minus sign. Beginning Changes Changes Ending Assets Liabilities $ 432,000+ 157,000 = (79,000) + II Stockholders' Equity RE PIC 27,000 + + $ 380,000+ $758,000 SE
Mars Corporation has provided the following data for Year 2: Sales $ 1,330,000 Gross margin $ 500,000 Net operating income $ 79,692 Net income before taxes $ 63,692 Net income $ 41,400 The company’s total stockholders’ equity at the end of Year 2 amounted to $1,095,000 and at the end of Year 1 to $1,060,000. The company’s return on equity for Year 2 is closest to:
The following information ($ in millions) comes from a recent annual report of Orinoco.com, Incorporated: Net sales $ 10,858 Total assets 4,405 End of year balance in cash 1,117 Total stockholders' equity 498 Gross profit (Sales − Cost of Sales) 2,601 Net increase in cash for the year 23 Operating expenses 2,049 Net operating cash flow 735 Other income (expense), net (24) Compute Orinoco's total liabilities at the end of the year. Multiple Choice $3,907 $3,166 $2,350 $4,405
At the beginning of the current fiscal year, the balance sheet of Arches Co. showed liabilities of $760,000. During the year liabilities increased by $20,000, assets increased by $110,000, and paid-in capital increased by $40,000 to $330,000. Dividends declared and paid during the year were $120,000. At the end of the year, stockholders' equity totaled $804,000. Calculate net income or loss for the year.
At the end of last year, ArtisanCo's assets totaled $877,000 and its liabilities totaled $748,500. During the current year, the total assets increased by $59,700 and its total liabilities increased by $24,850. At the end of the current year, stockholders' equity was: Multiple Choice $34,850 $188,200 $163,350 $128,500.
Northern Express paid $85 in dividends and $110 in interest expense during a given year. During that same year, the firm issued $40 in new equity shares, issued new debt of $65, and repaid $23 of old debt. What is the cash flow to creditors for that year? O $106 $96 $132 $68 $46
Strider Outfitters declared and paid a cash dividend of $8,900 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Current Year Previous Year Income Statement $ 225,000 98,000 127,000 59,000 6,300 $ 191,000 94,000 Sales Revenue Cost of Goods Sold Gross Profit 97,000 51,400 6,300 Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) 61,700 18,510 39,300 11,790 $ 43,190 $ 27,510 Net Income Balance Sheet $ 99,515 40,000 48,000 118,000 $ 15,000 35,000 61,000 128,000 Cash Accounts Receivable, Net Inventory Property and Equipment, Net $ 305,515 $ 65,000 $ 239,000 $ 32,700 Total Assets Accounts Payable Income Tax Payable Notes Payable (long-term) 1,575 63,000 129,575 103,800 72,140 1,650 63,000 97,350 103,800 37,850 $ 239,000 Total Liabilities Common Stock (par $10) Retained Earnings Total Liabilities and Stockholders' Equity $ 305,515 Required: 1. Compute the gross profit…
Your company declared $13,800 cash dividends on stock. There were St6,400 m dividends payable at the beginning of the year and $2.800 at the end of the year. How much was paid in dividends during the year?
Crane Jewelers management announced that the company had net earnings of $4,356,000 for this year. The company has 1,613,000 shares outstanding, and the year-end stock price is $68.91. What are Crane’s earnings per share and P/E ratio? (Round answers to 2 decimal places, e.g. 12.25)
Your company declared $13,800 cash dividends on stock. There were s6,400 m dividends payable at the beginning of the vear and $2,800 at the end of the year. How much was paid in dividends during the year?
A firm had the following financials last year: Sales Revenue = $3,060Accounts receivable = $500Interest expense = $126Total operating expenses = $600Accounts payable = $240Cost of goods sold = $1,800Dividend on preferred stock = $18Tax rate = 40% Number of outstanding number of common shares = 1,000 The E.P.S of the firm, rounded to four decimal places is

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