Question 34The equity portion of the balance sheet for BusFin Inc.is shownbelow. If the stock price is $28 per share, calculate the market tobook ratio.Equity Portion of BusFinance Inc. Balance Sheet, 2022Common stock ($0.25 par) $1,062,462Capital surplus$1,888,902Retained earnings$2,991,589O 10.0129.35O 40.32O 28.0020.024

MARKET TO BOOK RATIOMarket to Book Ratio is the Ratio between Market Price per share and Book Value…

Answered: D Question 34 The equity portion of the…

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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Ques 4 From the following information calculate (i) Earning per share (ii) Book value per share (iii) Dividend payout ratio (iv) Price earning ratio Particulars 70,000 equity shares of Rs. 10 each Net Profit after tax but before dividend Market price of a share Dividend declared @ 15% (Rs.) 7,00,000 1,75,000 13
Chapter 8 Effect of Financing on Earnings Per Share Three different plans for financing a $5,900,000 corporation are under consideration by its organizers. Under each of the following plans, the securities will be issued at their par or face amount, and the income tax rate is estimated at 40% of income. Plan 1 Plan 2 Plan 3 10% bonds $2,950.000 Preferred 10% stock, $100 par $2,950,000 1,475,000 Common stock, $4 par $5,900,000 2,950,000 1,475,000 Total $5,900,000 $5,900,000 $5,900,000 Round the answers to nearest cent. Instructions: 1. Determine for each plan the earnings per share of common stock, assuming that the income before bond interest and income tax is $1,100,000. Earnings per share of common stock Plan 1 per share Plan 2 per share Plan 3 per share 2. Determine for each plan the earnings per share of common stock, assuming that the income before bond interest and income tax is $715,000. Earnings per share of common stock Plan 1 per share Plan 2 per share Plan 3 per share 3.…
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The Tyler Oil Company's capital structure is as follows: Debt Preferred stock Common equity 15% 20 65 The aftertax cost of debt is 5 percent; the cost of preferred stock is 8 percent; and the cost of common equity (in the form of retained earnings) is 11 percent. Calculate Tyler Oil Company's weighted average cost of capital in a manner similar to Table 11-1. (Round the final answers to 2 decimal places.) Debt (Kd) Preferred stock (Kp) Common equity (Ke) (retained earnings) Weighted average cost of capital (Ka) Weighted Cost % 9.50 %
Subject :- Accounting
Question 2The equity accounts of Marvell Ltd. on January 1, 2020, were as follows.Share Capital—Preference (9%, $50 par, cumulative,10,000 sharesauthorized, 8,000 shares issued)?Share Capital—Ordinary ($1 stated value, 2,000,000 shares authorized,1,000,000 shares issued)?Share Premium—Preference 100,000Share Premium—Ordinary 1,450,000Retained Earnings 1,816,000During 2020, the corporation had the following transactions and events pertaining to its equity.Jan 25 Purchased 20,000 ordinary shares for the treasury at a cost of $2.5 per share.Feb. 1 Issued 50,000 ordinary shares for $152,000.Apr. 14 Reissued 10,000 treasury shares—ordinary for $42,000.Nov. 10 Purchased 1,000 ordinary shares for the treasury at a cost of $6 per share.Dec. 31 Determined that net income for the year was $452,000. Close the income summaryaccount.Dec. 31 Declared a dividend of $0.5 per ordinary share, to be payable in April 2021. Dividendfor the preference shares was not paid in 2019.Instructions(a.) Journalize…
Problem 36:- A and B shares profit and losses in the ratio of 2:1. Their Balance sheet as at 31ª March 2015, was as follows: BALANCE SHEET as at 31.3.2015 Liabilities Assets $ 5,000 Sundry Creditors Bills Payable Capitals: 10,000 5,000 Cash Debtors 12,000 10,000 5,000 20,000 Less: Provisions 2,000 A 10,000 Stock 15.000 25,000 Land 40,000 40,000 On 1s* April, 2015 C is admitted for 1/4th share in future profits. He is to pay $ 9,000 as goodwill and necessary capital to give him 1/5th share of the total capital of the new firm. It was agreed that Land was to be revalued at $ 30,000; Stock to be increased by $ 3,000; the Provision on Debtors to be increased by $ 1,000. Prepare the Revaluation Account, Partners' Capital Accounts and Balance Sheet of the new firm. You are required to show your workings clearly.
FI 420 Chapter 10 1). ABC Company had the following accounts on the balance sheet: a. Cash b. Common stock ($10 par; 2 million shares outstanding) c. Additional paid-in-capital d. Retained earnings $25 million $20 million $10 million $62 million How would each of these accounts appear after: a. A cash dividend of $1 per share? b. A 5% stock dividend (market value of stock is $40 per share)? c. A two-for-one stock split? d. A one-for-two stock split? A. Cash Common stock Additional paid in capital Retained earnings B. Cash Common stock Additional paid in capital Retained earnings Stock price C. Cash Common stock Additional paid in capital Rețained earnings Stock priče D. Cash Common stock Additional paid in capital Retained earnings Stock price Please show your work on the back of this page or on a separate page.
Q.35 Smith corp net income for the year 2019=P1,000,000 Declared and paid preferred stock dividends=P300,000 During the year 2019, Smith corp had a weighted average of 180,000 common shares outstanding. With the information given above calculate 2019 earnings per share.
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