Ivan's, Inc., paid $460 in dividends and $575 in interest this past year. Common stock increased by $185 and retained earnings decreased by $111. What is the net income for the year? Multiple Choice O O $760 $924 $575 $349 $460
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- Five measures of solvency or profitability The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Income before income tax was 3,000,000, and income taxes were 1,200,000 for the current year. Cash dividends paid on common stock during the current year totaled 1,200,000. The common stock was selling for 32 per share at the end of the year. Determine each of the following: (a) times interest earned ratio, (b) earnings per share on common stock, (c) price-earnings ratio, (d) dividends per share of common stock, and (e) dividend yield. Round ratios and percentages to one decimal place, except for per-share amounts.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. Required: 1. Calculate the average common stockholders equity. 2. Calculate the return on stockholders equity.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 market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
- Errol Corporation earned net income of $200,000 this year. The company began the year with 10,000 shares of common stock and issued 5,000 more on April 1. They issued $7,500 in preferred dividends for the year. What is the numerator of the EPS calculation for Errol?James Corporation earned net income of $90,000 this year. The company began the year with 600 shares of common stock and issued 500 more on April 1. They issued $5,000 in preferred dividends for the year. What is the EPS for the year for James (rounded to the nearest dollar)?Ivan's, Incorporated, paid $500 in dividends and $595 in interest this past year. Common stock increased by $205 and retained earnings decreased by $131. What is the net income for the year? a. $964 O b. $800 O c. $595 O d. $369 O e. $500
- 15 Maynard Enterprises paid $1,692 in dividends and $1,606 in interest over the past year. The common stock account increased by $1,536 and retained earnings decreased by $632. What was the company's net income? Multiple Choice O о O $2,168 $2,324 $904 $2,596Maynard Enterprises paid $1,804 in dividends and $1,802 in interest over the past year. The common stock account increased by $1,632 and retained earnings decreased by $724. What was the company's net income? $1,080 $2,356 $908 $2,528 $2,712Smashed Pumpkins Co. paid $208 in dividends and $631 in interest over the past year. The company increased retained earnings by $528 and had accounts payable of $702. Sales for the year were $16,580 and depreciation was $756. The tax rate was 40 percent. What was the company's EBIT? Multiple Choice O $1,858 $2,129 O $1,511 O $6.632 O $1,227
- Five Measures of Solvency or Profitability The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Bonds payable, 7% $900,000 Preferred $5 stock, $50 par $89,000 Common stock, $12 par $72,624.00 Income before income tax was $189,000, and income taxes were $28,800 for the current year. Cash dividends paid on common stock during the current year totaled $34,073. The common stock was selling for $225 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio 4 x times b. Earnings per share on common stock 25 V c. Price-earnings ratio d. Dividends per share of common stock 5.6 X e. Dividend yield 22 x % %24Five Measures of Solvency or Profitability The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable, 9% Preferred $10 stock, $100 par Common stock, $12 par Income before income tax expense was $226,800, and income taxes were $34,400 for the current year. Cash dividends paid on common stock during the current year totaled $36,400. The common stock was selling for $100 per share at the end of the year. $900,000 104,000 218,400 Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio b. Earnings per share on common stock c. Price-earnings ratio d. Dividends per share of common stock e. Dividend yield 2.8 X times 1.13 X %Smashed Pumpkins Company paid $208 in dividends and $631 in interest over the past year. The company increased retained earnings by $528 and had accounts payable of $702. Sales for the year were $16,580 and depreciation was $756. The tax rate was 40 percent. What was the company's EBIT? Multiple Choice $6,632 $1,511 $1,227 $1,858 $2,129
