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Hello, I’ve been struggling with these points, I don’t know how to find the answers 1) Price-earnings ratio

Hello, I’ve been struggling with these points, I don’t know how to find the answers 1) Price-earnings ratio

FINANCIAL ACCOUNTING
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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Hello, I’ve been struggling with these points, I don’t know how to find the answers 1) Price-earnings ratio 2)dividends per shares of common stock 3) dividend yield Thank you
Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 2 Retained earnings, January 1 $3,704,000.00 $3,264,000.00 3 Net income 600,000.00 550,000.00 4 Total $4,304,000.00 $3,814,000.00 5 Dividends: 6 On preferred stock $10,000.00 $10,000.00 7 On common stock 100,000.00 100,000.00 8 Total dividends $110,000.00 $110,000.00 9 Retained earnings, December 31 $4,194,000.00 $3,704,000.00 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 1 20Υ2 20Y1 2 Sales $10,850,000.00 $10,000,000.00 3 Cost of goods sold 6,000,000.00 5,450,000.00 4 Gross profit $4,850,000.00 $4,550,000.00 5 Selling expenses $2,170,000.00 $2,000,000.00 6 Administrative expenses 1,627,500.00 1,500,000.00 7 Total operating expenses $3,797,500.00 $3,500,000.00 8 Income from operations $1,052,500.00 $1,050,000.00 99,500.00 20,000.00 9 Other revenue $1,152,000.00 $1,070,000.00 10 132,000.00 120,000.00 11 Other expense (interest) $950,000.00 008 12 Income before income tax $1,020,000.00 420,000.00 400,000.00 13 Income tax expense $600,000.00 $550,000.00 14 Net income
Transcribed Image Text:Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 2 Retained earnings, January 1 $3,704,000.00 $3,264,000.00 3 Net income 600,000.00 550,000.00 4 Total $4,304,000.00 $3,814,000.00 5 Dividends: 6 On preferred stock $10,000.00 $10,000.00 7 On common stock 100,000.00 100,000.00 8 Total dividends $110,000.00 $110,000.00 9 Retained earnings, December 31 $4,194,000.00 $3,704,000.00 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 1 20Υ2 20Y1 2 Sales $10,850,000.00 $10,000,000.00 3 Cost of goods sold 6,000,000.00 5,450,000.00 4 Gross profit $4,850,000.00 $4,550,000.00 5 Selling expenses $2,170,000.00 $2,000,000.00 6 Administrative expenses 1,627,500.00 1,500,000.00 7 Total operating expenses $3,797,500.00 $3,500,000.00 8 Income from operations $1,052,500.00 $1,050,000.00 99,500.00 20,000.00 9 Other revenue $1,152,000.00 $1,070,000.00 10 132,000.00 120,000.00 11 Other expense (interest) $950,000.00 008 12 Income before income tax $1,020,000.00 420,000.00 400,000.00 13 Income tax expense $600,000.00 $550,000.00 14 Net income
Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Υ1 Assets 3 Current assets: 4 Cash $1,050,000.00 $950,000.00 5 Marketable securities 301,000.00 420,000.00 6 Accounts receivable (net) 585,000.00 500.000.00 7 Inventories 420,000.00 380,000.00 8 Prepaid expenses 108,000.00 20,000.00 9 Total current assets $2,464,000.00 $2,270,000.00 10 Long-term investments 800,000.00 800,000.00 11 Property, plant, and equipment (net) 5,760,000.00 5,184,000.00 12 Total assets $9,024,000.00 $8,254,000.00 13 Liabilities 14 Current liabilities $880,000.00 $800,000.00 15 Long-term liabilities: $200,000.00 $0.00 16 Mortgage note payable, 6%, 3,000,000.00 3,000,000.00 17 Bonds payable, 4%, $3,200,000.00 $3,000,000.00 18 Total long-term liabilities $4,080,000.00 $3,800,000.00 19 Total liabilities 20 Stockholders' Equity $250,000.00 $250,000.00 21 Preferred 4% stock, $5 par 500,000.00 500,000.00 to 22 Common stock, $5 par 23 Retained earmings 4,194,000.00 3,704,000.00 AS4,944,000.00 $4,454,000.00 24 Total stockholders' equity 25 Total liabilities and stockholders' equity $9,024,000.00 $8,254,000.00 Detemine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-sha amounts):
Transcribed Image Text:Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Υ1 Assets 3 Current assets: 4 Cash $1,050,000.00 $950,000.00 5 Marketable securities 301,000.00 420,000.00 6 Accounts receivable (net) 585,000.00 500.000.00 7 Inventories 420,000.00 380,000.00 8 Prepaid expenses 108,000.00 20,000.00 9 Total current assets $2,464,000.00 $2,270,000.00 10 Long-term investments 800,000.00 800,000.00 11 Property, plant, and equipment (net) 5,760,000.00 5,184,000.00 12 Total assets $9,024,000.00 $8,254,000.00 13 Liabilities 14 Current liabilities $880,000.00 $800,000.00 15 Long-term liabilities: $200,000.00 $0.00 16 Mortgage note payable, 6%, 3,000,000.00 3,000,000.00 17 Bonds payable, 4%, $3,200,000.00 $3,000,000.00 18 Total long-term liabilities $4,080,000.00 $3,800,000.00 19 Total liabilities 20 Stockholders' Equity $250,000.00 $250,000.00 21 Preferred 4% stock, $5 par 500,000.00 500,000.00 to 22 Common stock, $5 par 23 Retained earmings 4,194,000.00 3,704,000.00 AS4,944,000.00 $4,454,000.00 24 Total stockholders' equity 25 Total liabilities and stockholders' equity $9,024,000.00 $8,254,000.00 Detemine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-sha amounts):
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