Determine the net income (or loss), assuming $50,000 of stock was issued, and no dividends were paid. a. $30,000 b. $220,000 c. $130,000 d. $80,000 Total Assets Total Liabilities Beginning of the year $300,000 $130,000 End of the year $800,000 $550,000

Determine the net income (or loss), assuming $50,000 of stock was issued, and no dividends were paid. a. $30,000 b. $220,000 c. $130,000 d. $80,000 Total Assets Total Liabilities Beginning of the year $300,000 $130,000 End of the year $800,000 $550,000

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 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Question

Given answer financial accounting question

Determine the net income (or loss), assuming $50,000 of stock
was issued, and no dividends were paid.
a. $30,000
b. $220,000
c. $130,000
d. $80,000
Total Assets Total Liabilities
Beginning of the year $300,000
$130,000
End of the year
$800,000
$550,000

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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 dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity is: A. $32,000. B. $(32,000). C. $(8000). D. $8,000.
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1. James Company showed the following balances in its balance sheet as at year-end: P450,000 P1,150,000 P300,000 P900,000 120,000 shares Current Assets Non-current Assets Current Liabilities Non-current Liabilities Weighted average of outstanding shares According to the appraisal, 60% of the non-current assets can be replaced at 150% of their reported book value while the remaining balance of the non-current assets has replacement value of 65%. Reported balance of other items approximates their replacement value. How much is the replacement value of James Company at year-end? a.) P299,000 b.) P584,000 c.) P1,035,000 d.) P1,334,000 e.) P1,784,000
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Assume that a company paid...Accounting question
Stockholders equity and current liabilities?
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