Subject - account Please help me. Thankyou. The following financial information is available for Cullumber Corporation.Average common stockholders' equityDividends paid to common stockholdersDividends paid to preferred stockholdersNet incomeMarket price of common stockEarnings per share2021$1.140,000 $870,000Return on common stockholders' equity202245,00016,000295,0002229,00016,000205,0002022The weighted-average number of shares of common stock outstanding was 76,000 for 2021 and 104,000 for 2022.Calculate earnings per share and return on common stockholders' equity for 2022 and 2021. (Round answers to 2 decimal places, eg10.50% or 10.50.)162021!%

Earnings per share = (Net income - preferred dividend)/ Weighted average shares Return on common…

Answered: The following financial information is…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 5MCQ

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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. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
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Sunland Corporation reports the following information: Net income Dividends on common stock Dividends on preferred stock Weighted-average common shares outstanding Sunland should report earnings per share of $3.04. Ⓒ$3.58. $4.38. Ⓒ$4.97. $481960 135000 57100 97000
Summary information from the financial statements of two companies competing in the same industry follows. Barco Company Data from the current year-end balance sheets Кyan Company Barco Company Data from the current year's income statement Кyan Company Assets Cash Accounts receivable, net Merchandise inventory $770,000 $880, 200 585,100 7,900 14,800 162,200 4.51 Sales $ 19,500 $ 34,000 46,500 84,440 5,000 290,000 632,500 Cost Interest expense Income tax expense Net income goods sold 13,000 24,300 64,600 132,500 6,950 304,400 210,400 Prepaid expenses Plant assets, net Basic earnings per share 5.11 Total assets $445,440 $542,450 Cash dividends per share 3.81 3.93 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings $ 61,340 $ 93,300 101,000 206.000 Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value $ 29,800 $ 54,200 55,600 398,000 180,000 80,800 180,000…
Assume that all balance sheet amounts for Sheridan Company represent average balance figures. Stockholders' equity - common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common stock dividends Preferred stock dividends $ 371000 O $2.00 $1.40 $1.94 $2.10 811000 418000 81000 38000 32000 5000 What is the earnings per share for Sheridan? Assume that all balance sheet amounts for Sheridan Company represent average balance figures. What is the earnings per share for Sheridan? $\ $ 200 $ $\$ 1.40 $ $\$ 1.94 $ $\$ 2.10 $
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Subject: Accounting
The following information is available for Kingbird Corporation. Average common stockholders' equity Average total stockholders' equity Common dividends declared and paid Preferred dividends declared and paid Net income Payout ratio 2025 Return on common stockholders' equity $1,300,000 1,600,000 46,500 40,000 150,000 2024 $800,000 1,300,000 2025 28,800 Compute the payout ratio and return on common stockholders' equity for each year. (Round answers to 0 decimal places 15%.) 40,000 120,000 5.7 % do % 2024 5.7 % %
Norling Corporation reports the following information: Net income Dividends on common stock Dividends on preferred stock Weighted average common shares outstanding Norling should report earnings per share of O $1.50. O $1.80 O $2.20. O $2.50. $500,000 140,000 60,000 200,000

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