Botox Facial Care had earnings after taxes of $370,000 in 20XX with 200,000 shares of stock outstanding. The share price was $31.50. In 20XY, earnings after taxes increased to $436,000 with the same 200,000 shares outstanding. The share price rose to $42.50.

Botox Facial Care had earnings after taxes of $370,000 in 20XX with 200,000 shares of stock outstanding. The share price was $31.50. In 20XY, earnings after taxes increased to $436,000 with the same 200,000 shares outstanding. The share price rose to $42.50.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
Botox Facial Care had earnings after taxes of $284,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $45.80. In 20X2, earnings after taxes increased to $350,000 with the same 200,000 shares outstanding. The stock price was $56.00.a. Compute earnings per share and the P/E ratio for 20X1. (The P/E ratio equals the stock price divided by earnings per share.)
Boston Facial Care had earnings after taxes of $282,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $81.80. In 20X2, earnings after taxes increased to $418,000 with the same 200,000 shares outstanding. The stock price was $94.00. 6. Compute earnings per share and the P/E ratio for 20X1. (The P/E ratio equals the stock price divided by earnings per share.) (Do not reund intermediate calculations. Round your final answers to 2 decimal places.) Earrings per share b. Compute eamings per share and the P/E ratio for 20X2. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Earings per share P/E ratio times The stock price times 3. Why did the P/E ratio change? (Do not round intermediate calculations. Input your answers as percents rounded to 2 decimal places) percent white EPS percent. PLAY Next >
Botox Facial Care had earnings after taxes of $320,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $39.80. In 20X2, earnings after taxes increased to $388,000 with the same 200,000 shares outstanding. The stock price was $50.00.a. Compute earnings per share and the P/E ratio for 20X1. (The P/E ratio equals the stock price divided by earnings per share.) (Do not round intermediate calculations. Round your final answers to 2 decimal places.) b. Compute earnings per share and the P/E ratio for 20X2. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) c. Why did the P/E ratio change? (Do not round intemediate calculations. Input your answers as percents rounded to 2 decimal places.)
Wells fargo is paying a dividend of $1.09 per share today. There are 225,000 shares outstanding with a market price of $31.17 per share prior to the dividend payment. Ignore taxes. Before the dividend, the company had earnings per share of $2.11. As a result of this dividend, the: A.) price-earnings ratio will be 14.26. B.) Earnings per share will increase to $3.20. C.) total value of the company will not change D.) retained earnings will increase by $245,250 E.) retained earnings will decrease by $225,000.
XYZ Inc reported net income of S283,880 for the year and had 173,230 common shares outstanding throughout the year. Also outstanding all year were 42,540 employee stock options with each option giving the holder the right to purchase one common share at $9.35 per share. The average market price for the common shares during the year was $13.33 per share. Calculate the company's fully diluted earnings per share. a. $1.49 b. $1.66 C $1.64 d. $1.53 e $160
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Last Na Company provided the following data on December 31, 2011: Operating revenue P 5,600,000; Operating expenses 3,000,000 ; Income tax rate 30%; Ordinary shares outstanding the entire year 200,000. On January 1, 2011, there were options outstanding to purchase 40,000 ordinary shares at P25 per share. The average market price during the year was P20 per share. The statement of financial position reported P2,000,000 of 10% non-convertible bonds at December 31, 2011. Interest expense is included in operating expenses. The basic earning per share is: Choices; 7.42 9.10 10.83 13.00
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What is the book value per share? If the stock currently sells for $63 per share, what is the market-to-book ratio? Makers Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid out $183,000 in cash dividends, and it has ending total equity of $4.88 million. The company currently has 110,000 shares of common stock outstanding.