For 2014, Moss Corporation reported net income of $168,000; net sales $2,400,000; and average share outstanding 16,000. There were no preferred dividends. What was the 2014 earnings per share? a. $150. b. $10.50. c. $3.42. d. $0.42.

For 2014, Moss Corporation reported net income of $168,000; net sales $2,400,000; and average share outstanding 16,000. There were no preferred dividends. What was the 2014 earnings per share? a. $150. b. $10.50. c. $3.42. d. $0.42.

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 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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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.)
A company's profit after tax for the year to 31 December 2015 was P150,000. The comparative figure for 2014 was P135,000The company's issued share capital at 1 January 2014 consisted of 240,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2015. There were no other share issues in either year. What is the basic EPS reported in the 2014 income statement?
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Calculate the P/R for (WMT) as of November 14, 2017, when the company's stock price closed at $91.09.2 The company's profit for the fiscal year ending January 31, 2017, was US$13.64 billion, and its number of shares outstanding was 3.1 billion.
Profitability ratiosThe following selected data were taken from the financial statements ofVidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: The 20Y7 net income was $411,000, and the 20Y6 net income was$462,500. No dividends on common stock were declared between 2045and 2017. Preferred dividends were declared and paid in full in 2016 and2017.a. Determine the return on total assets, the return tin stockholders'equity, and the return on common stockholders' equity for the years2016 and 2017. Round percentages to one decimal place.b. What conclusions can be drawn from these data as to the company'sprofitability?
Requirement: Use the 2015 data for Prince Company. Assume a stock price of $28 per share. Compute the ratios. Prince Company paid $7,000 out in dividends for the year. Show how you can figure out that the company paid $7,000 out in dividends for the year. 2015 2014 Income Statement Sales revenue 190,000 167,000 Cost of goods sold 112,000 100,000 Gross profit 78,000 67,000 Operating expenses and interest expenses 56,000 53,000 Pretax income 22,000 14,000 Income tax 8,000 4,000 Net income 14,000 10,000 Balance Sheet Cash 4,000 7,000 Accounts receivable (net) 14,000 18,000 Inventory 40,000 34,000 Operational assets (net) 45,000 38,000 Total assets 103,000 97,000 Current liabilities (no interest) 16,000 17,000 Long-term liabilities (10% interest) 45,000 45,000 Common stock (par $5) 30,000…
Additional information: • Weighted-average ordinary shares in 2017 were $60,000 QUESTIONS Based on the financial data above, do the following: a. Calculate the financial ratio of VENUS TRADING COMPANY in 2017 below: • Current ratio • Account receivable turnover • Inventory turnover • Asset turnover • Return on assets • Return on ordinary shareholders equity • Earnings per share • Debts to total assets ratio Provide an interpretation for each of the financial ratio calculations above. b. Based on the calculation results in point a, provide an analysis of performance finance VENUS TRADING COMPANY in 2017.
Use the information for the question(s) below. In November 2009, Perrigo Co. (PRGO) had a share price of $39.20. They had 91.33 million shares outstanding, a market-to-book ratio of 3.76. In addition, PRGO had $845.01 million in outstanding debt, $163.82 million in net income, and cash of $257.09 million. Perrigo's market capitalization is closest to: A) $952.16 million B) $3,580.14 million C) $4,168.06 million D) $4,425.15 million
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13. Following data relate to the financial statements of Moon Ltd. for the year ended 31st March, 2016 : Current Ratio Working Capital Acid Test Ratio Inventory turnover ratio (based on average cost of opening and closing inventory) G.P. Ratio 2.5:1 $ 45,000 Debt Collection Period Creditors Velocity Nominal value per share No. of shares allotted 36 days 54 days $ 5.00 25,000 1.4 :1 Fixed Assets : Shareholders Equity (Fund) Operating Ratio (Operating Expenses : Sales) No. of working days in the year 5 times 0.7:1 40% Earning per share Earning for the year as percentage of Share Capital There are no deferred expenses, prepaid expenses, long term liabilities and intangible assets. Opening stock was less by $ 4,000 than closing stock. All sales and purchases are credit sales and credit purchases respectively. You are required to prepare Statement of Profit & Loss for the year ended 31st March, 2016 and Balance Sheet as on that date. Working will form part of your answer. $1.00 90% 360 25%