SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $400,700 in 2023 and $335,800 in 2022.Equity and Liabilities2023Share capital-common (136,400 shares issued) $Retained earnings (Note 1)Accrued liabilitiesNotes payable (current)Accounts payableTotal equity and liabilities$1,242,000417,7009,10076,60063,3001,808,7002022$ 1,242,000300,0006,10066,700182,500$ 1,797,300Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023.Required:1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,439,000 at December 31, 2021.) (Round your answers to 1 decimal place.)2. Calculate the book value per shares for 2022 and 2023. (Round your answers to 2 decimal places.)

RETURN ON EQUITYReturn on equity is the ratio between net income & average shareholders equity.…

Answered: SW Company provides the Equity &…

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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The following information pertains to Sunland Company. Assume that all balance sheet amounts represent average balance figures. Total assets Stockholders' equity-common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common dividends Preferred dividends What is Sunland's payout ratio? O 24.6%. O 9.6%. O 17.9%. O 37.9%. $355000 235000 294000 97000 21100 6000 5200 8500
Select information from BUI Balance Sheets as of December 31 Current Assets Net Plant and Equipment Total Assets Accounts Payable Notes Payable Accruals Long-Term Bonds Total Common Equity Total Liabilities & Equity Income Statement Earnings before interest and taxes Depreciation and Amortization Interest Taxes 40% Net Income Other Information WACC Number of shares outstanding Price per share What was 2014 EVA? $0 $197,600 $140,000 $57,600 2013 1,200,000 900,000 2,800,000 2,700,000 4,000,000 3,600,000 2014 200,000 216,000 280,000 108,000 120,000 252,000 1,040,000 864,000 2,360,000 2,160,000 4,000,000 3,600,000 2014 1,200,000.0 140,000.0 104,000.0 438,400.0 657,600.0 2014 18.00% 80,000 $22.13
Given the following data for the King Company: How would common stock appear on a common size balance sheet? Curment labites $ 400 Long term debt 480 Common stack 700 Retained eanings Total iabities & sochdders equty $2,500 920 Enlarged View 20% 70% 28% 30%
What is the balance of retained earnings - unappropriated after the above transactions? 2. What are the total shares outstanding of FORTY CORP as of December 31, 2018? 3.
The balance sheet for Shankland Corporation follows: 000'009 $ 000006 Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings 000 0000 000 00 000 009' 000 006 Total liabilities and stockholders' equity 000'00s Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio
The balance sheet for Stuart Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio $ 94,000 1.7 $ Required Compute the following. (Round "Ratios" to 1 decimal place.) % 238,000 770,000 $1,008,000 $ 144,000 441,000 585,000 423,000 $1,008,000
From the following balance sheet of Sohel & Co Ltd as at 31st March 2013 and also comment on the ratios. You may use online sources to write about the ratios. Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 6%Preference share capital 7%Debentures 8% Public Debt Bank over draft Creditors Outstanding expenses Proposed dividend Reserves Provision for taxation Net Profit 100,000 100,000 40,000 20,000 40,000 60,000 7,000 10,000 150,000 20,000 20,000 567,000 Cash in hands Cash at bank Bills Receivable Short term investment Debtors Stocks Furniture Machinery Land and Building Good will Preliminary Expenses 3,000 9,000 30,000 20,000 70,000 40,000 30,000 100,000 220,000 35,000 10,000 567,000 Net Sales - 200000 d) Return on Equity
The equity section of Whispering Inc. at January 1, 2022, was as follows. Share capital-ordinary $390,000 Accumulated other comprehensive income Unrealized holding gain on equity securities designated at fair value through other comprehensive income 65,000 Retained earnings 26,000 During the year, the company had the following transactions. 1. Issued 13,000 shares at $3 per share. 2. Dividends of $12.200 were declared and paid. 3. Net income for the year was $130,000. Unrealized holding loss of $6,500 occurred on its equity securities designated at fair value through other comprehensive 4. income. Prepare a statement of changes in equity for Whispering Inc. WHISPERING INC.
Ide Corporation Ltd’s Statement of Financial Position for the 2017 and 2018 financial years are as follows: Assets 2018(R) 2017(R) Non-Current Assets 5 000 000 3 800 000 Inventory 500 000 700 000 Receivables 350 000 420 000 Cash 280 000 140 000 6 130 000 5 060 000 Equity and Liabilities Share Capital (R2 shares) 2 600 000 1 700 000 Retained Income 500 000 940 000 Long term Debt 2 000 000 1 800 000 Payables 1 030 000 620 000 6 130 000 5 060 000 The abbreviated Statement of Comprehensive Income for the year ended 2018 reflects the following: R Sales (75% on credit) 2 400 000 Cost of sales 1 600 000 Depreciation 62 000 Interest expense 96 000 Tax (30%) 160 000 Net Income after tax 300 000 Dividends 240 000 Retained Income 60 000 NB: Their shares are currently trading at R3 per share. Required: 2.1 Calculate the gross profit margin and net profit margin. 2.2 Calculate the Earnings Per Share (EPS) and Dividends Per Share (DPS) for the current year. Explain what occurs to the difference…
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