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Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts. May I have help with the sub-parts below please for just 20Y2?  13. Return on Stockholder's Equity 15. Earnings per share on Common Stock 16. Price-earnings ratio

Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts. May I have help with the sub-parts below please for just 20Y2?  13. Return on Stockholder's Equity 15. Earnings per share on Common Stock 16. Price-earnings ratio

FINANCIAL ACCOUNTING
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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Instructions:

Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts.

May I have help with the sub-parts below please for just 20Y2? 

13. Return on Stockholder's Equity

15. Earnings per share on Common Stock

16. Price-earnings ratio

 

för prepaid expenses, $200,000. जत 80 PR 17-4B Measures of liquidity, solvency and profitability The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. OBJ. 3, 4, 5 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Υ1 Retained earnings, January 1 $5,375,000 $4,545,000 Net income 900,000 925,000 Total 246,275,000 $5,470,000 Dividends: Preferred stock dividends 2$ 45,000 $ 45,000 Common stock dividends.. 50,000 50,000 Total dividends.. %24 95,000 $ 95,000 Retained earnings, December 31 $6,180,000 $5,375,000 dent
Transcribed Image Text:för prepaid expenses, $200,000. जत 80 PR 17-4B Measures of liquidity, solvency and profitability The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. OBJ. 3, 4, 5 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Υ1 Retained earnings, January 1 $5,375,000 $4,545,000 Net income 900,000 925,000 Total 246,275,000 $5,470,000 Dividends: Preferred stock dividends 2$ 45,000 $ 45,000 Common stock dividends.. 50,000 50,000 Total dividends.. %24 95,000 $ 95,000 Retained earnings, December 31 $6,180,000 $5,375,000 dent
Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y1 20Y2 Sales $9,400,000 000'000'0LS 000'056'v Gross profit. Selling expenses pos spoob jo 150) 000'osE'S $4,450,000 $1,880,000 000'000'z $ $ 4,650,000 Administrative expenses Total operating expenses Income from operations 1,410,000 1,500,000 $ 3,500,000 $ 1,150,000 000'06Z'ES 000'091'1S 000'0v1 Other revenue 000'osL $1,300,000 $ 1,300,000 Other expense (interest) Income before income tax 000'0L $1,150,000 000'0s1 $ 1,130,000 Income tax expense 225,000 Net income 000'0EZ 000'006 S $ 925,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 LAOZ Assets Current assets: Cash $ 500,000 Marketable securities. 000'00v $ 1,010,000 000'000'L Accounts receivable (net) 740,000 000'0LS Inventories... 1,190,000 000'0s6 Prepaid expenses 250,000 000'627 Total current assets. 000'069'ES 000'680'ES Long-term investments 2,350,000 000'00E'7 Property, plant, and equipment (net) Total assets 3,740,000 3,366,000 000'08L'6$ %248,755,000 Liabilities Current liabilities 000'006 $ 000'088 $ Long-term liabilities: Mortgage note payable, 10%. Bonds payable, 10% Total long-term liabilities Total liabilities 1,500,000 000'00s'L 000'002'LS 000'009 $2,380,000 000'00s'LS Stockholders' Equity Preferred $0.90 stock, $10 par. Common stock, $5 par. 000'00s $ $ 500,000 000'00s 000'08L'9 5,375,000 $6,375,000 Retained earnings. 000'00s Total stockholders' equity. Total liabilities and stockholders'equity. $7,180,000 $8,755,000 000'08L'6S
Transcribed Image Text:Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y1 20Y2 Sales $9,400,000 000'000'0LS 000'056'v Gross profit. Selling expenses pos spoob jo 150) 000'osE'S $4,450,000 $1,880,000 000'000'z $ $ 4,650,000 Administrative expenses Total operating expenses Income from operations 1,410,000 1,500,000 $ 3,500,000 $ 1,150,000 000'06Z'ES 000'091'1S 000'0v1 Other revenue 000'osL $1,300,000 $ 1,300,000 Other expense (interest) Income before income tax 000'0L $1,150,000 000'0s1 $ 1,130,000 Income tax expense 225,000 Net income 000'0EZ 000'006 S $ 925,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 LAOZ Assets Current assets: Cash $ 500,000 Marketable securities. 000'00v $ 1,010,000 000'000'L Accounts receivable (net) 740,000 000'0LS Inventories... 1,190,000 000'0s6 Prepaid expenses 250,000 000'627 Total current assets. 000'069'ES 000'680'ES Long-term investments 2,350,000 000'00E'7 Property, plant, and equipment (net) Total assets 3,740,000 3,366,000 000'08L'6$ %248,755,000 Liabilities Current liabilities 000'006 $ 000'088 $ Long-term liabilities: Mortgage note payable, 10%. Bonds payable, 10% Total long-term liabilities Total liabilities 1,500,000 000'00s'L 000'002'LS 000'009 $2,380,000 000'00s'LS Stockholders' Equity Preferred $0.90 stock, $10 par. Common stock, $5 par. 000'00s $ $ 500,000 000'00s 000'08L'9 5,375,000 $6,375,000 Retained earnings. 000'00s Total stockholders' equity. Total liabilities and stockholders'equity. $7,180,000 $8,755,000 000'08L'6S
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