Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company has no preferred stock. The company's earnings per share is:
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Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company has no
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- The following information was drawn from the accounting records of Silverburg Company. (Round your answer to 2 decimal places.) Net income Preferred stock outstanding, 15% cumulative Market price per share of common stock 2$ 216,000 $ 56,000 Common Stock outstanding 15 $1,320,000 Average number of common shares outstanding Number of common shares outstanding at end of the accounting period 116,000 shares 136,000 shares Dividends per share on common stock 1.30 per share Based on this information, the company's earnings per share is Multiple Choice The answer cannot be determined from the information provided. $1.79 8 9 Score answer > < Prev of 9 MacBook Air DII 888 F7 F5 F4 F3 & % # $ 8 @ 4 5 3 Y E R Q W G H J K A S M. V B CBarbur, Incorporated reported net income of $12.5625 million. During the year the average number of common shares outstanding was 3.35 million. The price of a share of common stock at the end of the year was $5. There were 540,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is noncumulative. The EPS is: Multiple Choice O C O $0.27. $3.51. $3.61. $3.75.St. Laurence reports the following data: Throughout the year, St. Laurence has outstanding 150,000 no par common shares and 20,000 no par, $ 0.40, preferred shares issued at $ 5 each. The company’s balance sheet also reports that the preferred shares are cumulative and non-participating. The data shows dividends were paid every year except the past two years and the current year. How much dividends will the common shareholders received if $50,000 wwas distributed? How much dividends will the preferred shareholders receive if $21,000 will be distributed in the year?
- Mrila corp had net income of P232,000. The weighted-average common shares outstanding were 80,000. The company declared a P29,000 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is: A company has 41,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is P483,800, and the par value per common share is P10. The book value per share is:Senior Life Co. is an HMO for businesses in the Portland area. The following account balances appear on the balance sheet of Senior Life Co.: Common stock (360,000 shares authorized; 4,000 shares issued), $50 par, $200,000; Paid-In Capital in excess of par— common stock, $40,000; and Retained earnings, $1,600,000. The board of directors declared a 1% stock dividend when the market price of the stock was $63 a share. Senior Life Co. reported no income or loss for the current year. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" from the dropdown. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates. b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders'…Andrews Company has $95,000 available to pay dividends. It has 2,000 shares of 10%, $100 par, preferred stock and 30,000 shares of $10 par common stock outstanding. The preferred stock is selling for $100 per share, and the common stock is selling for $20 per share. Required 1. Determine the amount of dividends to be paid to each class of shareholder for each of the following independent assumptions. If an amount box required no entry, leave it blank. a. Preferred stock is nonparticipating and noncumulative.
- The Crestar Company reported net income of $142,600 on 26,000 average outstanding common shares. Preferred dividends total $12,600. On the most recent trading day, the preferred shares sold at $56 and the common shares sold at $86. What is this company's current price-earnings ratio? (Do not round your intermediate calculations.) Multiple Choice 15.68 17.20 18.23 None of these answers are correct.Milo Co. had 795,000 shares of common stock outstanding as of January 1. On May 1, they issued 145,000 shares of common stock. On September 1, Milo Co. purchased 61,000 shares of treasury stock. On November 1, they issued 59,000 shares of common stock. Calculate the weighted average shares outstanding for the year.At the end of the accounting period, Houston Company had $8,000 of par value common stock issued, additional paid-in capital in excess of par value – common of $10,300, retained earnings of $8,500, and $6,000 of treasury stock. What is the total amount of stockholders' equity?
- please provide answer with explanationHealthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life’s balance sheet: Common stock (800,000 shares authorized; 460,000 shares issued), $4 par, $1,840,000; Paid-in capital in excess of par—common stock, $800,000; and Retained earnings, $31,940,000. The board of directors declared a 2% stock dividend when the market price of the stock was $12 a share. Healthy Life reported no income or loss for the current year. Required: a. Journalize the entries to record (1) the declaration of the dividend, capitalizing an amount equal to market value, and (2) the issuance of the stock certificates. b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders’ equity. c. Determine the following amounts after the stock dividend was declared and closing entries were recorded at the end of the year: (1) total paid-in capital, (2) total retained…SongSu Manufacturing issued 200,000 shares of the company. Shares outstanding is 150,000. Treasury stock is calculated as issued shares minus outstanding shares assuming none of the stocks bought back are retired. True False