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: 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…

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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.

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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: 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…

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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…

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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: 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…

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

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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

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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

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Q: What is 2013 basic earnings per share?

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

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

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

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

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

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

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.