DiCenta Corporation reported net income of $270,000 in 2017 and had 50,000 shares of common stock outstanding throughout the year. Also outstanding all year were 5,000 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. DiCenta’s tax rate is 40%. Compute DiCenta’s2017 diluted earnings per share.

Q: The 2017 income statement of Marin Company showed net income of $555,200 and a gain from…

A: Income from continuing operations = Net income - gain from discontinued operations = $555,200-46400…

Q: Bullhead Company has $750,000 in net income and faces a 40 percent income tax rate. There are 15,000…

A: To calculate diluted earnings per share (EPS), we need to consider the potential impact of the…

Q: LSP. Co, recently reported $200,000 of sales during the year 2016. The company had $20,000 of…

A: We need to find net income in this question. Net income is what available for distribution to…

Q: Sara Corporation had net inlome for the year of $720,000 and a weighted average number of common…

A: Earnings per share is the per share money earned by the common shareholders of the entity after…

Q: Amanda Company has 40,000 shares of common stock outstanding. The book value per share of this stock…

A: The P/E ratio is the market price divided by the Earnings per Share (EPS).

Q: Crane Corporation reported net income of $700,130 in 2023 and had 103,000 common shares outstanding…

A: Diluted earnings per share (EPS) is a financial metric that assesses a company's profitability on a…

Q: Krogen Grocer's 2016 balance sheet shows average stockholders’ equity of $12,000 million, net…

A: This question deals with the calculation of common stockholders equity for the year. Return on…

Q: In 2022, Oriole Corporation had net sales of $595,000 and cost of goods sold of $356,000. Operating…

A: The income statement is one of the important financial statements of the business. The income…

Q: The Esposito Import Company had 1 million shares of common stock outstanding during 2024. Its Income…

A: The earnings per share is the ratio where the investors can determine the ability of the company…

Q: For several years Orbon, Inc., has followed a policy of paying a cash dividend of $0.75 per share…

A: a.

Q: et income of $1 000 000 for 2014. The tax rate was 40%. As of 1/1/14, 200 000 shares of common stock…

A: EPS is earnings per share. It is the earnings available per share to equity share holders.

Q: Brisky Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2017. Expenses…

A: Earnings per share: It is to be calculated , preferred dividend part is to be deducted from the net…

Q: Rizzo Co. has Net Income of $279,000 for 2024. Over the past two years, the company had outstanding…

A: Earning per share represents the earnings of the company held in hands of each shareholder of the…

Q: On January 1, 2013 Westman Fuji sold for $40 and on January 1, 2014 Westman Fuji sold for $39.50.…

A: Ratio analysis used identify the business performance of the company. It is used to measure…

Q: Lovelyn Co. paid one half of its earnings in dividends. Its earnings increased by 50% and the amount…

A: The dividend payout ratio is calculated by dividing the dividend per share by the earnings per…

Q: Wow Inc., has 20,000 shares of 8%, $30 par value preference shares and 120,000 of ordinary shares…

A: a)working     particulars  Number of shares  Pv value  Interest %  Year 2017  Year…

Q: (REQUIRED] Compute diluted earnings per share for the fiscal year ended on 12/31/2020. Please round…

A: Diluted EPS = (Net Income before preferred dividend + After tax cost of interest) /(Common shares…

Q: Santa, Inc. recently reported that its earnings per share were $3.00.  The company has 200,000…

A: Operating income (EBIT) is a measure of a company's profitability that looks at its earnings before…

Q: Crane Corp's net income for 2023 is $153,920. The only potentially dilutive securities outstanding…

A: A company's profits per share as if all convertible securities were converted are measured as…

Q: An analysis of the accounts of Crane Company reveals the following manufacturing cost data for the…

A: The Cost of Goods Manufactured (COGM) shows the overall manufacturing costs that a business incurs…

Q: Smith Corporation is reviewing the following transactions for its year-ended December 31, 2015. For…

A: Name of the Account: Dividends Payable and Paid in Capital , Since dividends are deducted from…

Q: Starbuck Inc. reported EPS of $2.30 for 2013. In 2013 Starbuck had earnings available to common…

A: Outstanding shares of common stock means the shares that are eligible to receive the dividend and…

Q: In 2016, Poe's Products completed the treasury stock transactions described below. January 2:…

A: Treasury stock: Treasury stock is a stock that is repurchased by corporates issued by it. The shares…

Q: XYZ Corporation reported net income of $6 million for the year ended 2021. It has 900,000 shares of…

A: First, we need to calculate the net income available to common stockholders. This is done by…

Q: Wells fargo is paying a dividend of $1.09 per share today. There are 225,000 shares outstanding with…

A: PE ratio=Market price/EPSAfter declaration of dividend, market price will reduce to the extent of…

Q: On June 30, Setzer Corporation had a market price of $46 per share of common stock. For the previous…

A: Dividend yield = Annual dividend/Market price

Q: Windsor Corporation reported net income of $197,880 in 2025 and had 48,200 shares of common stock…

A: Windsor Corporation's financial performance in 2025 is subject to scrutiny, particularly regarding…

Q: ABC Corporation reported net income of $270,000 in 2020 and had 50,000 shares of common stock…

A: Diluted earnings per share=Net incomeWeighted average number of shares adjusted for dilutive shares

Q: Culver Corporation reported net income of $282,540 in 2020 and had 45,000 shares of common stock…

A: Net Income:$282,540 Outstanding shares: 45,000 Convertible instruments: 10,400(5200*2)(for every…

Q: What is 2013 basic earnings per share?

A: Basic EPS=(Net income - Preferred Dividend) / Weighted average common shares outstanding

Q: Shutterpics reported net income of $453 million in 2021 (tax rate 25%). The Company's capital…

A: Earnings per share is the  ratio of net income available for the common shareholders divided by the…

Q: Rudolph Corporation showed retained earnings of $400,000 on its balance sheet for 2016.  In 2017,…

A: Retained earning net profit earned by the company after deducting dividends paid to the…

Q: A company reported earnings available to common shareholders as $4,200,000 last year. From those…

A: A company reported earnings available to common shareholders as $4,200,000 last year. From those…

Q: At the end of 2021, PT. Wardah International announced a gross profit of $1 million. The costs…

A: Earnings available to common shareholders are the amount of a company's net income to be distributed…

Q: The Namleda Corporation has an income statement that indicates thatoperating income is $2,375,486…

A: The part of a company’s profit which is attributable to its equity shareholders is called Earnings…

Q: The 2017 income statement of Sandhill Company showed net income of $718,000 and a gain from…

A: Formula: EPS = ( Net Income - gain from discontinued operations ) / Outstanding shares

Q: McDonnell-Myer Corporation reported net income of 3180 million. the company had 584 million common…

A: Definition:   Earnings per share (EPS): The amount of net income available to each shareholder per…

Q: Culver Corporation reported net income of $282,540 in 2020 and had 45,000 shares of common stock…

A: DILUTED EARNINGS PER SHAREDiluted earnings per share is used to measure a company's earnings per…

Q: XYZ inc reported net income of $283,880 for the year and had 173,230 common shares outstanding…

A: Let's understand the basic  EPS is the earning per share from company's net income here, Net income…

Stock Yields

The stock yield is otherwise known as the dividend yield. The dividend yield is an annual payment of the stock dividends to the holder of a firm’s stock. The dividend yield is a financial ratio to measure the value of dividend payout every year for the relative stock price. The yield of a stock is usually shown in a percentage that discloses the expected future earnings from stock depending on the current stock price in the future. Stock yield will change depending on the market fluctuations and in accordance with the market fluctuations, the dividends will be increased or decreased by the firm.