b. What is the weighted-average number of common shares for the year?Weighted-average outstanding sharesc. What is the earnings per share for the year? (Round the final answer to 2 decimal places.)Earnings per share Pet Boutique Corp, reported $4,365.410 of profit for 2023. On November 2, 2023, it declared and paid the annual preferred dividendsof $283,560 On January 1, 2023, Pet Boutique had 111,410 and 567,000 outstanding preferred and common shares, respectively. Thefollowing transactions changed the number of shares outstanding during the year:Feb. 1 Declared and issued a 20% common share dividend.Apr.30Sold 111,060 common shares for cash.May 1 Sold 45,550 preferred shares for cash.Oct. 31 Sold 32,760 common shares for cash.a. What is the amount of profit available for distribution to the common shareholders?Earnings available to common shareholders $ 4,081,850Check my warkb. What is the weighted-average number of common shares for the year?

The EPS is the method employed by the investor prior to making an investment choice. Because…

Answered: b. What is the weighted-average number…

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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Accounting.
Which of the following statements about stock dividends is true? Multiple Choice O Stock dividends are reported on the statement of shareholders' equity. Stock dividends increase total shareholders' equity. Stock dividends decrease total shareholders' equity. Stock dividends are reported on the Income Statement.
Jolie Foster Care Homes Incorporated shows the following data: Total Assets $ 1,970,000 2,460,000 2,740,000 2,830,000 Year 20X1 20X2 20X3 20X4 Net Income $ 192,000 221,000 196,000 189,000 Year 20X1 20X2 20X3 20X4 a-1. Compute the ratio of net income to total assets for each year. Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets Stockholders' Equity $ 1,460,000 1,845,000 1,910,000 1,900,000 % % % % Total Debt $ 510,000 615,000 830,000 930,000
Basic earnings per share is computed as net income minus preferred dividends, divided by weighted-average common shares outstanding. True or False True False
Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Interest expense Income tax expense Total costs and expenses Net income Current Year $ 35,467 102,794 127,925 11,888 335,329 $ 613,403 For both the current year and one year ago, compute the following ratios: ه له مه له :. .: له The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses $ 149,683 117,626 162,500 183,594 $ 613,403 $ 486,429 247,201 Current Year 13,556 10,367 Vanu $ 797,424 Earnings per share Additional information about the company follows. Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share…
Blossom Corporation issued $3 million of 10-year, 6% callable convertible subordinated debentures on January 2, 2023. The debentures have a face value of $1,000, with interest payable annually. The current conversion ratio is 13:1, and in two years it will increase to 16:1. At the date of issue, the bonds were sold at 100 to yield a 6% effective interest rate. The bond discount is amortized using the effective interest method. Blossom's effective tax rate was 30%. Net income in 2023 was $7.0 million, and the company had 2 million shares outstanding during the entire year. For simplicity, ignore the requirement to record the debentures' debt and equity components separately.
Question Content Area The price-earnings ratio on common stock is computed as a. dividends per share of common stock divided by earnings per share on common stock b. market price per share of common stock divided by earnings per share on common stock c. earnings per share of common stock divided by market price per share of common stock d. market price per share of common stock divided by dividends per share of common stock
For the calculation of weighted average number of shares where does the (4) come from when you are doing (921,000/4) ?
Find Out : (a)Earnings per share(b)Return on common stockholders' equity in %(c)Return on assets in %(d)Current ratio in :1(e)Accounts receivable turnover in times(f)Average collection period in days(g)Inventory turnover in times (h)Days in inventory in days (i)Times interest earned in times (j)Asset turnover in times (k)Debt to assets ratio in % (l)Free cash flow
Compute number of shares outstanding after the stock dividend. Number of shares outstanding
Given the information above, the average P/E ratio 20X5–20X6 is closest to A. 49.34. B. 31.07. C. 20.32. D. 11.64.
A company reports earnings per share on common stock of $2.00 when the market price of per share of common stock is $50.000. What is the company’s price-earnings ratio?

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b. What is the weighted-average number of common shares for the year? Weighted-average outstanding shares c. What is the earnings per share for the year? (Round the final answer to 2 decimal places.) Earnings per share