Miller's Corp. paid $600 in dividends and $450 in interest this past year. Common stock increased by $300 and retained earnings decreased by $200. What is the net income for the year?
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- 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 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.)Maynard enterprises paid $ 1,384 in dividends and $1,067 in interest over the past year.The common stock account increased by $ 1,272 and retainef earnings decreased by $ 379. What was the company net Income?
- Last year, net profits of a company were nine-elevenths of revenue. If the company declared a dividend of $14983 and two-seventeenths of the net profit was retained in the company, what was last year's revenue?maynard enterprise paid $1,720 in dividends and $1,655 in interest over the past year. the common stock account increased by $1,560 and retained earnings decreased by $655. what was the company's net income?Ivan's, incorporated, paid $490 in dividends and $590 in intrest this past year. Common stock increased by $200 and retained earnings decreased by $126. What is the net income for the year?
- KJ Inc. just reported a net income of 630 in its most recent year and paid a dividend of 390. If the previous year's Retained Earnings was 1920, what was the most recent Retained Earnings?Franklin Co. reported the following year-end data: net income of $220,000; annual cash dividends per share of $3; market price per (common) share of $150; and earnings per share of $10. Compute the (a) price-earnings ratio and (b) dividend yield.Sprout Company reported the following on the company's income statement in two recent years: Current Year Prior Year Interest expense $510,000 $480,000 Income before income tax expense 5,610,000 6,720,000 a. Determine the times interest earned ratio for the current year and the prior year. Current year Prior Year b. Is the times interest earned ratio improving or declining?
- Maynard Enterprises paid $1,524 in dividends and $1,312 in interest over the past year. The common stock account increased by $1,392 and retained earnings decreased by $494. What was the company's net income?Loomis, Inc. reported the following on the company’s income statement in two recent years: Please see the image for details: a. Determine the times interest earned ratio for the current year and the prior year. Round to one decimal place.b. Is this ratio improving or declining?Song Corp's stock price at the end of last year was $27.75 and its earnings per share for the year were $1.30. What was its P/E ratio?