O :4 " O O25The following information havebeen taken from the MuscatCompany:$3,060NotpayableSales139RevenueTotal600Accounts 500operatingReceivableexpenses1,800 Preferred 18stockdividendsCost ofgoods soldTax rate40%Interest126expenseNumber of 1,000shares ofAccounts240payablecommonissuesWhat is the earnings per share?Select one:$0.30$0.53II

Name: O :4 " O O25The following information havebeen taken from the MuscatC
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Description: O :4 " O O25The following information havebeen taken from the MuscatCompany:$3,060NotpayableSales139RevenueTotal600Accounts 500operatingReceivableexpenses1,800 Preferred 18stockdividendsCost ofgoods soldTax rate40%Interest126expenseNumber of 1,000sh

Once the net profit is used in payment of external liabilities, creditors, taxes, interest, etc. the…

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Finance

The following information have been taken from the Muscat Company: $3,060Not payable Sales 139 Revenue Total Accounts 500 Receivable 600 operating expenses 1,800 Preferred 18 stock Cost of goods sold dividends Tax rate 40% Interest 126 expense Number of 1,000 shares of Accounts 240 payable common issues What is the earnings per share? Select one: $0.30 $0.53

The following information have been taken from the Muscat Company: $3,060Not payable Sales 139 Revenue Total Accounts 500 Receivable 600 operating expenses 1,800 Preferred 18 stock Cost of goods sold dividends Tax rate 40% Interest 126 expense Number of 1,000 shares of Accounts 240 payable common issues What is the earnings per share? Select one: $0.30 $0.53

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: December 31 20Y7 20Y6 20Y5 Total assets $250,000 $225,000 $200,000 Notes payable (8% interest) 80,000 80,000 80,000 Common stock 32,000 32,000 32,000 Preferred 7% stock, $100 par 16,000 16,000 16,000 (no change during year) Retained earnings 88,510 64,380 48,000 The 20Y7 net income was $25,250, and the 20Y6 net income was $17,500. No dividends on common stock were declared between 20Y5 and 20Y7. Preferred dividends were declared and paid in full in 20Y6 and 20Y7. a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders’ equity for the years 20Y6 and 20Y7. When required, round to one decimal place. 20Y7 20Y6 Return on total assets fill in the blank 1 % fill in the blank 2 % Return on stockholders’ equity fill…
Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $1,340,000 Preferred dividends $76,000 Shares of common stock outstanding 80,000 Market price per share of common stock $132.72 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required.$fill in the blank 1 b. Determine the company's price-earnings ratio. Round to one decimal place.fill in the blank 2
The following information was drawn from the accounting records of Jones Company. Net sales Net income Average total assets Average total liabilities Average total stockholders' equity $ 368,000 58,000 516,000 308,000 208,000 Based on this information, the company's net margin (also known as return on sales) is: Multiple Choice 11.2%. 18.8% 15.8%. None of the choices is correct.
Profitability ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: December 31 December 31 20Y7 20Y6 December 31 20Y5 Total assets $281,000 $253,000 $225,000 Notes payable (8% interest) 90,000 90,000 90,000 Common stock 36,000 36,000 36,000 Preferred 5% stock, $100 par (no change during year) Retained earnings 18,000 97,870 18,000 70,390 18,000 54,000 < The 2017 net income was $28,380, and the 20Y6 net income was $17,290. No dividends on common stock were declared between 20Y5 and 20Y7. Preferred dividends were declared and paid in full in 2016 and 20Y7. a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for the years 20Y6 and 20Y7. When required, round your answers to one decimal place. 20Y7 20Y6 Return on total assets Return on stockholders' equity 0.1 % 0.1 % % % Return on common stockholders' equity % 200 % b. The profitability…
< The following items are reported on a company's balance sheet: $296,600 Marketable securities 185,000 Accounts receivable (net) 121,000 Inventory 127,000 Accounts payable 228,000 Determine (a) the current ratio and (b) the quick ratio. Round your answers to one decimal place. Cash a. Current ratio b. Quick ratio
The following information pertains to Marsh Company. Assume that all balance sheet amounts represent average balance figures Total asset $400.000 Stockholders' equity-common 200,000 Total stockholders' equity 280,000 Sales 120,000 Net income 30,000 Number of shares of common stock 8,000 Common dividends 6,000 Preferred dividends 4,000 What is Marsh's return on common stockholders' equity? a. 15% b. 13.0% c. 10.0% d. 9.3%
Earnings per share and price-earnings ratio A company reports the following: Line Item Description Amount Net income $650,000 Preferred dividends $45,000 Shares of common stock outstanding 110,000 Market price per share of common stock $44 a. Determine the company's earnings per share on common stock. Round your answer to two decimal places.fill in the blank 1 of 2$ b. Determine the company's price-earnings ratio.
Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $1,340,000 Preferred dividends $76,000 Shares of common stock outstanding 80,000 Market price per share of common stock $132.72 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required.$fill in the blank 1 b. Determine the company's price-earnings ratio. Round to one decimal place.fill in the blank 2

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