From the follovwing information, you are requirecd to compute the basic and adjusted Earnings per share: Net profit for 2015-16 11 lakh Net profit for 2016-17 No, of shares issued before rights issue 15 lakh 5 lakhs One for every 5 held 15 per share Right issue Right issue price Last date of exercising right option Fair value of shares before right issue 1-06-2016 21 per share

From the follovwing information, you are requirecd to compute the basic and adjusted Earnings per share: Net profit for 2015-16 11 lakh Net profit for 2016-17 No, of shares issued before rights issue 15 lakh 5 lakhs One for every 5 held 15 per share Right issue Right issue price Last date of exercising right option Fair value of shares before right issue 1-06-2016 21 per share

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD Net %Change Stock -1.1 RJW Enterprises SYM RWJ YLD PE Last Change 2.5 15 84.00 -.36 a. What is the annual dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What was the closing price for this stock that appeared in yesterday's paper? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. If the company currently has 24 million shares of stock outstanding, what was net income for the most recent four quarters? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) a. Annual dividend b. Yesterday's closing price c. Net income
Belltower, Inc. has net income for 2016 of $370,000. At January 1, 2016, the company had outstanding 54,000 shares of $50 par value common stock and 10,000 shares of 6%, $100 par value cumulative preferred stock. On September 1, 2016, an additional 18,000 shares of common stock were issued.What is the earnings per share for 2016 (to the nearest cent)? Question 14 options: A) $4.44 B) $6.17 C) $4.31 D) $5.17
The high for McKesson per share for the year July 7, 2015 through July 7, 2016 was:
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Question 1- Texas Instruments (TXN) (please include your Excel spreadsheet file!) Actual data for Texas Instruments common stock! Suppose on December 31, 2011 you purchased TXN stock at $29.11 per share. You hold TXN until December 31, 2021 when you sold it at $188.47 per share. During this holding period, you received the following annual dividends per share. Year Annual DPS Year Annual DPS 2012 $0.72 2017 $2.12 2013 $1.07 2018 $2.63 2014 $1.24 2019 $3.21 2015 $1.40 2020 $3.72 2016 $1.64 2021 $4.21 Using the above TXN stock data and using Excel spreadsheet, determine the average annual return for your TXN investment. Question 2 TXN stock price on December 31, 2020 was $162.70 per share. Calculate the 2021 annual "holding period return" (HPR). Show all work. Question 3 Using the table above, determine the average annual growth rate for TXN dividends per share for the period 2012-2021. Show formula, input, & calculation. Excel is optional.
P14-11M (change the current market price to $29 per share and the dividend percentage to 7.5% Cost of Preferred Stock Par value Current market price Dividend rate Dividend dollars Cost of Preferred Stock BO
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Directions: Determine values for the missing items. Round answers to one decimal. 2018 2017 Net Income (in millions) ? ? Weighted Average Shares Outstanding (in millions) Basic Number Shares ? 59.2 Diluted Number of Shares 64.8 ? Earnings Per Share Basic 1.50 1.09 Diluted 1.43 1.02 Assume no preferred stock or restricted stock unit dividends .
10. At December 31, 2015, the records of Kosme Corporation provided the following: (see attached image for the given. please asnwer it. thank you so much!!) Direction:a. Give the number of shares authorized ___ issued ___b. Give the number of shares outstanding ___c. Give the amount of Additional-Paid-In capital. ___d. Give the earnings per share. ___ Round your answer to two decimal places.e. Amount of dividends paid during 2015. ___f Amount of treasury shares reported in the stockholders' equity ___g. Amount of free retained earnings on December 31. ___
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Analyzing and Interpreting Stockholders' Equity and EPS Following is the stockholders' equity section of the balance sheet for The Procter & Gamble Company along with selected earnings and dividend data. For simplicity, balances for noncontrolling interests have been left out of income and shareholders' equity information. $ millions except per share amounts 2014 2013 Net earnings attributable to Procter & Gamble shareholders $11,156 $11,797 Common dividends 5,883 5,534 Preferred dividends 256 233 Basic net earnings per common share $3.82 $4.12 Diluted net earnings per common share $3.66 $3.93 Shareholders' equity: Convertible class A preferred stock, stated value $1 per share $1,195 $1,234 Common stock, stated value $1 per share 4,008 4,008 Additional paid-in capital 63,181 62,405 Treasury stock, at cost (shares held: 2014--1261.2; 2013--1243) (69,604) (67,278) Retained earnings 75,349 70,682 Accumulated other comprehensive income/(loss) (9,333) (2,054) Other (761) (996) Shareholders'…
are my answers correct? if yes help me understand how the computation of answers were arrived at Answer 3.2.1) Calculate the number of shares in issue =240000/30 =8000shares Answer 3.2.2) The dividend per share =60000/8000 = 7.5 per shares Answer 3.2.3) The new share price IN CASE OF DIVIDEND PAYMENT share price = (240000 - 60000)/8000 = 22.5 per share IN CASE OF SHARE REPURCHASE No of shares repurchased = 60000/30 = 2000 shares new number of shares = 8000 - 2000 = 6000 shares new net worth of the company = 240000-60000 = 180000 therefore new share price = 180000/ 6000 = 30 per share 2) Earnings per share (EPS) IN CASE OF DIVIDEND PAYMENT Since the number of shares are not reducing EPS will remain same at 3 per share IN CASE OF SHARE REPURCHASE EPS = (8000*3)/6000 = 4 per share 3)…