Current Attempt in ProgressSandhill Co. had net income for 2025 of $611000. The average number of shares outstanding for the period was 209000 shares. Theaverage number of shares under outstanding options, at an option price of $31 per share, is 12600 shares. The average market price ofthe common stock during the year was $36. What should Sandhill report for diluted earnings per share for the year ended 2025?O $2.90O $2.76O$2.92O $2.78

Value of option in current shares = Amount paid to exercise option / Current market price Diluted…

Answered: Sandhill Co. had net income for 2025 of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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You bought a stock on 1 January 2018 for $135.5 and below are the year-end price data and annual dividends for the stock: Date Closing Price Annual Dividend 31 December 2017 135.5 3.6 31 December 2018 138.2 3.65 31 December 2019 136.8 3.5 31 December 2020 140.7 3.7 What is the standard deviation of returns on this stock over the 2018-2020 period? 0.0173 0.0005 0.0009 0.0212 O 0.0303
The equity section of a company for the last 2 years shows the following: - Share capital 885 M Euros in 2020 (777 M euros in 2019) - Share premium 3,555 M euros in 2020 (2,941 M euros in 2019) - Retained earnings 6,241 M euros in 2020 (5,293 M euros is 2019) - Treasury shares 82 M euros in 2020 (50 M euros in 2019) Assuming the par value of the company shares is 2 euros. Which of the following statement is correct regarding 2020? do calculation please The company has issued 54 million new shares The company has issued 108 million new shares The company has issued 722 million new shares The company has issued 361 million new shares
Ayayai Company’s net income for 2020 is $52,900. The only potentially dilutive securities outstanding were 1,040 options issued October 1, 2020. Each exercisable for one share at $6. None has been exercised, and 10,900 shares of common were outstanding during 2020. The average market price of Ayayai’s stock during 2020 was $20. The average market price during the last 3 months of 2020 was $20. Compute Diluted Earnings Per Share
Rakesh
Kelbrooklimited provided the following information.1.The issue share capital consists of 180000 ordinary shares of $0.50 each2. On 1 jan 2019: general reserve is $ 4,000. Retained earnings is $ 5,5003. The profit for the year ended 31 December 2019 was $ 9,000. $ 2000 of this was transferred to the general reserve .4. An interim dividend of $4,500 was paid during the year. No dividends were proposed at the end of the Required Prepare Statement of changes and Equity Account
(b) Calculate basic earnings per share. (For simplicity, ignore the requirement to record the debt and equity portions of the convertible bond separately). (Round answer to 2 decimal places, e.g. 15.25.) Basic EPS eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
Based on the earnings per share in the period from 2005 to 2012 indicated in the following table, determine the annual dividend per share in accordance with each of the policies described in items a) to d). Year Earnings per share2012 $ 1.402011 1.562010 1.202009 0.852008 1.052007 0.602006 1.002005 0.44 a) Pay 40% of earnings in all years with positive earnings.b) Pay $ 0.60 per share and increase to $ 0.70 when earnings per share rise above $ 0.90 for two consecutive years.c) Pay $ 0.60 per share except when earnings exceed $ 1.00 per share; in that case, an extraordinary dividend of 70% of earnings would be paid in excess of $ 1.00 per share.d) Combine the policies described in sections b) and c). When the dividend increases (in part b), increase the excess basis of the dividend (in part c) from $ 1.00 to $ 1.10 per share.e) Compare the dividend policies described in items a) to d).
Concord Inc. had net income for 2020 of $5,920,000. The company had 2,200,000 of common shares outstanding throughout the year. During 2020, Concord paid dividends on the common shares of $0.12 per share. Average common shareholder equity was $39,600,000, and the market value of the shares on December 31, 2020 was $27 per share.Concord Inc. also had 100,000 shares outstanding of cumulative, $7, no-par value preferred shares. The shares were outstanding for the full year, and dividends had been kept current for the past several years.Calculate the following ratios for Concord Inc.: (Round answers to 2 decimal places, e.g. 25.15 or 25.15%. Round earnings per share to 3 decimal places for intermediate calculations, e.g. 1.253.) Rate of return on common shareholders’ equity%, Payout ratio%Price earnings ratio, timesBook value per share$ per share Please share how to do in Excel
Marin Company’s net income for 2020 is $691,000, and 91,000 shares of common stock were issued and outstanding during 2020. The only potentially dilutive securities outstanding were 23,000 executive stock options issued during 2019, each exercisable for one share at $21.00, none of these have been exercised. The average market price of Marin’s stock during 2020 was $26.50.(a) Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Diluted earnings per share $enter a dollar amount rounded to 2 decimal places (b) Assume the same facts as those assumed for part (a), except that 10,000 additional options were issued on October 1, 2020, with an exercise price of $27.50 (the market price of the common stock on that date). The average market price during the last 3 months of 2020 was $30.00. (Round answer to 2 decimal places, e.g. 2.55.) Diluted earnings per share $enter the diluted earnings per share in dollar rounded to 2 decimal places
Brown Fashions Inc.'s December 31, 2020 balance sheet showed total common equity of $4,050,000 and 195,000 shares of stock outstanding. During 2021, the firm had $450,000 of net income, and it paid out $100,000 as dividends. What was the book value per share at 12/31/21, assuming no common stock was either issued or retired during 2021?
Money Inc. announced annual earnings of $5,000,000. The company has 2,500,000 common stock shares outstanding. The benchmark PE multiple for the company is 12.8. Earnings are expected to increase 3.9% annually. What is the estimated current stock price? Group of answer choices $26.75 $32.00 $6.40 $25.60
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