Franklin Life Insurance Company reported: $5,000 $15,000 Net income Cash Total cash dividends Net cash from operating $7,000 $1,300 (preferred stock of $500 and common stock at $800) activities Common shares outstanding at the beginning and end of 2017 of $8,000 and $10,000, respectively. Compute Earnings Per Share. a. $0.55 b. $0.45 c. $0.25 d. $0.50
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- Liberty Corporation reported the following financial statements: The company has 2,500 shares of common stock outstanding and the market price is $20 per share. What is Liberty’s price/earnings ratio? a. 0.08 b. $0.08 c. 12.35 12.35 timesBook value per share1of Orlando Medical’s common stock outstanding at December 31,2018, wasa. 137.9.b. $35,147.c. $2.99.d. 20.1.Mcq .. help
- The accumulated profit account of One San Miguel Co, follows: Date Item Debit Credit 07/01/2020 Balance 48,500.00 08/31/2020 Dividends paid 12/31/2020 Net income for the year 20,000.00 32,400.00 04/01/2021 Premium on capital share 06/30/2021 Gain on treasury share 15,000.00 10,000.00 09/30/2021 Dividends declared 30,000.00 12/31/2021 Net Income for the year 45,100.00 Appraisal increase of land 30,000.00 Balance 131,000.00 181,000.00 181,000.00 What is the correct balance of Accumulated Profits on December 31, 2021?Presented below is the comparative balance sheet for Novak Company. Assets Cash Novak Company Comparative Balance Sheet As of December 31 Accounts receivable (net) Short-term investments Inventories Prepaid expenses Plant & equipment Accumulated depreciation Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Common stock Retained earnings December 31 2026 $180,100 220,200 267,500 1,055,100 24,800 2,585,300 (1,004,300) $3,328,700 $49,600 171,200 445,900 2,108,000 554,000 $3,328,700 2025 $274,700 155,800 148,900 970,300 24,800 1,943,900 (749,000) $2,769,400 $75,300 199,000 189,200 1,768,300 537,600 $2,769,400DOOKO Corporation’s, Statement of Financial Position as of December 31, 2018 shows the following account balances: Equipment P 40,000 Interest Expense 2,400 Interest Payable 600 Retained Earnings 214,680 Dividends 50,400 Land 137,320 Inventory 102,000 Bonds Payable 78,000 Notes Payable (due in 6 months) 14,400 Share capital–ordinary 60,000 Accum. Deprc’n. - Equipt. 10,000 Prepaid Advertising 5,000 Revenue 331,400 Buildings 80,400 Supplies 1,860 Taxes Payable…
- Commons, Inc. provides the following information for 2018: Net income $ 38 comma 000$38,000 Market price per share of common stock $ 18.00$18.00/share Dividends paid $ 0.85$0.85/share Common stock outstanding at Jan. 1, 2018 120 comma 000120,000 shares Common stock outstanding at Dec. 31, 2018 170 comma 000170,000 shares The company has no preferred stock outstanding. Calculate the dividend yield for common stock. (Round your answer to two decimal places.) A. 4.964.96% B. 3.283.28% C. 4.724.72% D. 1.441.44%Assume the following is the stockholders' equity section from Altria's 2016 balance sheet. December 31 ($ millions) 2016 $ 935 Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued).... Additional paid-in capital. Earnings reinvested in the business Accumulated other comprehensive losses (including currency translation of $1,317 in 2016). 6,061 54,666 Cost of repurchased stock (721,696,918 shares in 2016), Total stockholders' equity.. (1,853) (24.102) $35,707 At what average price has Altria issued its common stock? a. $ 2.49 b. $ 0.33 c. $12.73 d. $33.40Liberty Corporation reported the following financial statements: The company has 2,500 shares of common stock outstanding. What is Liberty’s earnings per share? a. $1.62 b. $1.75 c. $2.73 d. 2.63 times
- A Company provided the following balances on December 31, 2021: Subscription receivable 100,000 Losses from investment in equity FVTOCI 60,000 Accrued taxes 15,000 Ordinary share capital 2,500,000 Profit for the year 1,200,000 Retained earnings, beginning balance3,500,000 Salaries payable 80,000 Share dividends payable 50,000 Treasury shares, at cost 300,000 Unamortized issue cost on notes payable 10,000 Unearned rent income 60,000 Accounts payable (net of accounts with debit balances of P100,000) 300,000 Dividends paid 250,000 Mortgage payable (P800,000 due in 8 months) 3,000,000 Trade notes payable, due on January 31, 2023 600,000 Share premium 200,000 Preference share capital 1,300,000 Discount on notes payable 200,000 [Q3]: Determine the total amount of (7) current liabilities, (8) non-current liabilities, (9) retained earnings and (10) shareholder’s equity on December 31, 2021.SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $365,700 in 2023 and $335,800 in 2022 Equity and Liabilities share capital-connen (137, 700 shares issued) Retained earnings (ote 1) Accrued liabilities sotes payable (current) Accounts payable Total egrity and liabilities Return on equity Note 1 Cash dividends were paid at the rate of $1 per share in 2022 and 52 per shore in 2023 Required: 1. Calculate the return on common there equity for 2022 and 2023. (Assurne total equity was $1,454,000 at December 31, 2021) (Round your answers to 1 decimal piace) 2022 23.4 $1,417,500 $1,417,500 417,700 10,300 22,700 59,500 2023 225 111,300 6,500 65,500 179,000 $1,937,700 $1,979,200 2. Calculate the book value per shares for 2022 and 2023 (Round your answers to 2 decimal places) 2022 XX S1254 S 13.31Problem 1 (Adapted)The shareholders’ equity of Yelan Company showed the following account balances on December 31, 2018:Share capital, P100 5,000,000Share Premium 1,000,000Retained earnings 2,000,000Revaluation surplus 800,000 Compute the book value per share on December 31, 2018.