Jackson Health Foods has 8,000 shares of $2 par common stock outstanding, which was issued at $15 per share. Jackson also has a balance of Retained Earnings of $86,000. How much is Jackson's total stockholders' equity?
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- Jupiter 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 Jupiter Corporations weighted average number of shares for the year?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.)Brunleigh 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 Brunleigh Corporations weighted average number of shares for the year?
- 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?Greene, Inc.'s balance sheet indicates that the book value of stockholders' equity (book value per share×total shares outstanding) is $750,800. The firm's earnings per share are $3.24, which produces a price-earnings ratio of 12.32. If there are 49,000 shares of common stock outstanding, what is the firm's market-to-book ratio (i.e., the ratio of price per share to book value per share)? What does the market-to-book ratio tell us?Ecker Company reports $1,400,000 of net income and declares $196,000 of cash dividends on its preferred stock for the year. At year- end, the company had 350,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders 2. What is the company's basic earnings per share (EPS)? Basic Earnings per Share Choose Numerator: Choose Denominator: Basic Earnings per Share Basic earnings per share
- The balance sheet for Larry underwood Motors shows a book value of stockholders’ equity (book value per share * total shares outstanding) of $1,354,000. Furthermore, the firm’s income statement for the year just ended has a net income of $509,000, which is $0.257 per share of common stock outstanding. The price-earnings ratio for firms similar to Underwood motors is 19.52. What price would you expect Underwood motors shares to sell for? What is the book value per share for Underwood’s shares?Ecker Company reports $1,800,000 of net income and declares $252,000 of cash dividends on its preferred stock for the year. At year-end, the company had 280,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders 2. What is the company's basic EPS? Basic Earnings per Share Choose Numerator: Choose Denominator: Basic Earnings per Share Basic earnings per shareThe balance sheet for Larry underwood motors shows a book value of stockholder’s equity ( book value per share x total shares outstanding) of $1,396,000. Furthermore, the firm’s income statement for the year just ended has a net income of $501,000, is $0.282 per share of common stock outstanding. The price earnings ratio for firm’s similar to underwood motors is 19.94. A. What price would you expect underwood motors shares to sell for? The market price per share is Round to the nearest cent.
- The balance sheet for Lauren Inc. shows the following: total paid-in capital and retained earnings $877,000, total stockholders’ equity $817,000, common stock issued 44,000 shares, and common stock outstanding 38,000 shares. Compute the book value per share. (No preferred stock is outstanding.)A corporation purchases 4,608 shares of its own $7 par common stock for $29 per share, recording it at cost. What will be the effect on total stockholders' equity?Theodore Company has 100,000 shares of P10 par value common stock issued and outstanding. Total stockholders' equity is P2,800,000 and net income for the year is P800,000. During the year Theodore Co. paid P3.00 per share in dividends on its common stock. The market value of Theodore's common stock is P25. What is the price-earnings ratio?