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
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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

 

**Educational Website Content: Financial Statement Transcription**

**Topic: Comparative Retained Earnings Statement for Stagler, Inc.**

The table below shows the comparative retained earnings statements for Stagler, Inc. for the years ending December 31, 2012, and 2011. The financial data highlights changes in retained earnings over the two years, which include components such as net income, dividends, and the beginning retained earnings.

**Retained Earnings Statement**

| Item                                 | 2012         | 2011         |
|--------------------------------------|--------------|--------------|
| Retained Earnings, January 1         | $5,335,000   | $4,950,000   |
| Net Income                           | $625,000     | $675,000     |
| Total                                | $5,960,000   | $5,625,000   |
| Dividends:                           |              |              |
| - Preferred Stock Dividends          | $45,000      | $45,000      |
| - Common Stock Dividends             | $55,000      | $50,000      |
| Total Dividends                      | $100,000     | $95,000      |
| Retained Earnings, December 31       | $5,860,000   | $5,530,000   |

**Explanation:**
- **Retained Earnings, January 1**: The retained earnings at the beginning of the year.
- **Net Income**: The profit earned during the year.
- **Total**: The sum of the beginning retained earnings and the net income.
- **Dividends**: Payments made to stockholders, divided into preferred and common stock categories.
- **Total Dividends**: The sum of preferred and common stock dividends.
- **Retained Earnings, December 31**: The remaining earnings after dividends have been paid, carrying over to the next year.

This statement provides insight into how Stagler, Inc. allocates its earnings towards dividends and what portion is retained for future growth.
Transcribed Image Text:**Educational Website Content: Financial Statement Transcription** **Topic: Comparative Retained Earnings Statement for Stagler, Inc.** The table below shows the comparative retained earnings statements for Stagler, Inc. for the years ending December 31, 2012, and 2011. The financial data highlights changes in retained earnings over the two years, which include components such as net income, dividends, and the beginning retained earnings. **Retained Earnings Statement** | Item | 2012 | 2011 | |--------------------------------------|--------------|--------------| | Retained Earnings, January 1 | $5,335,000 | $4,950,000 | | Net Income | $625,000 | $675,000 | | Total | $5,960,000 | $5,625,000 | | Dividends: | | | | - Preferred Stock Dividends | $45,000 | $45,000 | | - Common Stock Dividends | $55,000 | $50,000 | | Total Dividends | $100,000 | $95,000 | | Retained Earnings, December 31 | $5,860,000 | $5,530,000 | **Explanation:** - **Retained Earnings, January 1**: The retained earnings at the beginning of the year. - **Net Income**: The profit earned during the year. - **Total**: The sum of the beginning retained earnings and the net income. - **Dividends**: Payments made to stockholders, divided into preferred and common stock categories. - **Total Dividends**: The sum of preferred and common stock dividends. - **Retained Earnings, December 31**: The remaining earnings after dividends have been paid, carrying over to the next year. This statement provides insight into how Stagler, Inc. allocates its earnings towards dividends and what portion is retained for future growth.
**Stargel Inc. Comparative Financial Statements**

**Comparative Income Statement for the Years Ended December 31, 20Y2 and 20Y1**

- **Sales**
  - 20Y2: $10,000,000
  - 20Y1: $9,400,000

- **Cost of Goods Sold**
  - 20Y2: $5,350,000
  - 20Y1: $4,950,000

- **Gross Profit**
  - 20Y2: $4,650,000
  - 20Y1: $4,450,000

- **Operating Expenses**
  - Selling Expenses: 
    - 20Y2: $2,000,000
    - 20Y1: $1,820,000
  - Administrative Expenses:
    - 20Y2: $600,000
    - 20Y1: $450,000

- **Total Operating Expenses**
  - 20Y2: $2,600,000
  - 20Y1: $2,270,000

- **Income from Operations**
  - 20Y2: $2,050,000
  - 20Y1: $2,180,000

- **Other Revenue**
  - 20Y2: $115,000
  - 20Y1: $160,000

- **Other Expense (Interest)**
  - 20Y2: $130,000
  - 20Y1: $130,000

- **Income Before Income Tax**
  - 20Y2: $2,035,000
  - 20Y1: $2,210,000

- **Income Tax Expense**
  - 20Y2: $1,130,000
  - 20Y1: $1,250,000

- **Net Income**
  - 20Y2: $900,000
  - 20Y1: $925,000

---

**Comparative Balance Sheet as of December 31, 20Y2 and 20Y1**

**Assets**

- **Current Assets**
  - Cash:
    - 20Y2: $500,000
    - 20Y1: $400,000
  - Marketable Securities:
    - 20Y2:
Transcribed Image Text:**Stargel Inc. Comparative Financial Statements** **Comparative Income Statement for the Years Ended December 31, 20Y2 and 20Y1** - **Sales** - 20Y2: $10,000,000 - 20Y1: $9,400,000 - **Cost of Goods Sold** - 20Y2: $5,350,000 - 20Y1: $4,950,000 - **Gross Profit** - 20Y2: $4,650,000 - 20Y1: $4,450,000 - **Operating Expenses** - Selling Expenses: - 20Y2: $2,000,000 - 20Y1: $1,820,000 - Administrative Expenses: - 20Y2: $600,000 - 20Y1: $450,000 - **Total Operating Expenses** - 20Y2: $2,600,000 - 20Y1: $2,270,000 - **Income from Operations** - 20Y2: $2,050,000 - 20Y1: $2,180,000 - **Other Revenue** - 20Y2: $115,000 - 20Y1: $160,000 - **Other Expense (Interest)** - 20Y2: $130,000 - 20Y1: $130,000 - **Income Before Income Tax** - 20Y2: $2,035,000 - 20Y1: $2,210,000 - **Income Tax Expense** - 20Y2: $1,130,000 - 20Y1: $1,250,000 - **Net Income** - 20Y2: $900,000 - 20Y1: $925,000 --- **Comparative Balance Sheet as of December 31, 20Y2 and 20Y1** **Assets** - **Current Assets** - Cash: - 20Y2: $500,000 - 20Y1: $400,000 - Marketable Securities: - 20Y2:
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