Marigold Corporation had 2020 net income of $1,066,000. During 2020, Marigold paid a dividend of $2 per share on 36,350 shares of preferred stock. During 2020, Marigold had outstanding 301,000 shares of common stock. Compute Marigold’s 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share   $enter earnings per share in dollars rounded to 2 decimal places   per share

Q: Crane Corporation had 2020 net income of $1.1 million. During 2020, Crane paid a dividend of $5 per…

A: EPS stands for earnings per share. The earnings per share is calculated as net income available to…

Q: Presenting EPS in Financial Statements Lee Corp. had 120,000 weighted-average common shares…

A: Earnings per share is the return for every share held by the shareholders. It is calculated by…

Q: Royalbird Co. reports the following information for 2020: sales revenue $762,900, cost of goods sold…

A:

Q: Flava Corporation reported a net income of $300,000 in 2020 and had 200,000 shares of common stock…

A: Diluted earnings per share: It can be defined as the company’s earnings per share, assuming all the…

Q: The following data is available for the years ended 2020 and 2021 for Bunting Company.…

A: Market Ratios: The financial measurements used to assess the value of the stocks of publicly listed…

Q: At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 1,000 million shares of…

A: Formula: Earnings per share = (Net Income - Preferred dividends) / No. of common shares outstanding…

Q: MDL corporation had the following stock prices at the end of each year: 2017: $100, 2018: $150,…

A: Mean return can be calculated by using formula below.whereR1, R2 and Rn are return for respective…

Q: Financial Data for Spinaway, Inc. (Unless otherwise noted, all data is for December 31, 2020) Number…

A: The question is related to Ratio Analysis. The details are given regarding ratio.

Q: Below is Company A's balance sheet at the end of 2022. Assume that Company A issues 25 shares of…

A: Earnings per share is popularly known as EPS. It is an important metric in finance. EPS shows the…

Q: Cullumber Inc. had net income for 2023 of $6,285,000. The company had 2,300,000 of common shares…

A:

Q: skysong corporation reported net income of $256,960 in 2020 and had 47,400 shares of commonstock…

A: Converted preferred shares=Number of share×2=5,500×2=11,000

Q: Oriole Company had net income for 2021 of $603000. The average number of shares outstanding for the…

A: The corporation used to identify diluted EPS for evaluating the per share earnings if the…

Q: Graham, Inc. began 2020 with 25,000 common shares outstanding and issued a 20% stock dividend on…

A: Earnings per share of the company means all earnings available for each and every common…

Q: Carla Vista Company had 190,800 shares of common stock outstanding on December 31, 2026. During the…

A: An income statement, also known as a profit and loss statement or statement of earnings, is a…

Q: At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 840 million shares of…

A: Earnings per Share: Earnings per share help to measure the profitability of a company. Earnings per…

Q: Sage Company's net income for 2020 is $47,100. The only potentially dilutive securities outstanding…

A: Diluted earnings per share provide measures of what may happen in the future if potential ordinary…

Q: Current Attempt in Progress Blossom Corporation reported net income of $436,700 in 2025 and had…

A: Lets understand the basics.EPS are divided into two types which are,(1)Basic EPS(2) Diluted…

Q: BE4.8 In 2020, Jollis corporation reported net income of $1000000. it declared and paid perferred…

A: Earnings per share (EPS) are the company’s profit which is divided by outstanding common stock per…

Q: Nash Corporation had net sales of $2,401,300 and interest revenue of $36,200 during 2020. Expenses…

A: Under Multi-Step Income Statement, All the line items are required to be shown in the specific…

Q: Computing earnings per share HEB Corporation had net income for 2018 of $60,450. HEB had 15,500…

A: Earnings per share: Earnings per share represent the amount of income earned per share of…

Q: Sheridan Corporation had net income of $470000 and paid dividends to common stockholders of $34780…

A: There are two methods of calculation of payout ratios 1) outstanding share method (DPS/EPS) *100 2)…

Q: Metlock Company's net income for 2025 is $49,200. The only potentially dilutive securities…

A: Earnings per share is the per share value paid to the shareholders of the entity from the profits.…

Q: Kingbird Corporation had net sales of $2,413,600 and interest revenue of $37,500 during 2020.…

A: An income statement is a part of a financial statement that is prepared to represent the performance…

Q: III Listen Lansing Corporation declared and paid preferred dividends of $50,000 in 2019. There were…

A: Earnings per share is the income earned by the company per share outstanding. The higher the income…

Q: Here is the income statement for Teal Mountain Inc. TEAL MOUNTAIN INC. Income Statement For the…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…

Q: Current Attempt in Progress At December 31, 2020, Florrict Company has $500,000 of $100 par value,…

A: EARNING PER SHARE Earnings per share is the monetary value of earnings per outstanding share of…

Q: Earnhart Corporation has outstanding 3,000,000 shares of common stock with a par value of $10 each.…

A: a. Prepare the journal entry to record the declaration and payment of the cash dividend.

Q: For 2021, the annual earnings for General Jet Aviation were $6,200,000. The corporation has…

A: The question is related to Current Yield, Earnings per Share and PE Ratio.  The Current Yield is…

Q: Story Corporation had net income of $300,000 in 2018. The weighted average number of shares…

A: The price earning ratio is considered as the relationship between stock price and earnings per…

Q: Current Attempt in Progress At December 31, 2021, Marigold Company had 451000 shares of common stock…

A: EARNINGS PER SHAREEarnings per share refers to the amount of earnings that is distributed by the…

Q: outstanding had increased to 8,31

A: Stockholders are the Persons of entities whom the company issues its ownership rights in the form of…

Q: Concord Corporation had net income of $203000 and paid dividends to common stockholders of $35000 in…

A: The total price-earnings ratio has been calculated by dividing the market price per share by…

Q: Pharoah Corporation reported net income of $359,700 in 2020 and had 54,800 shares of common stock…

A: To Compute diluted earnings per share (EPS), we need to consider the impact of the convertible…

Q: At the end of 2021, PT. Wardah International announced a gross profit of $1 million. The costs…

A: Earnings available to common shareholders are the amount of a company's net income to be distributed…

Q: Marigold Corporation had net sales of $2,400,900 and interest revenue of $37,400 during 2020.…

A: Income statement: It tells the net profit / ( loss ) of the company in a particular period  All the…

Q: Headland Corporation had 2020 net income of $1,028,000. During 2020, Headland paid a dividend of $2…

A:

Q: At December 31, 2020, Carla Vista Company has $520,000 of $100 par value, 7%, cumulative preferred…

A: EARNING PER SHARE  Earnings per share is the monetary value of earnings per outstanding share of…