The year-end 2015 balance sheet of XYZ Inc. listed common stock and other paid-in capital at $1,100,000 and retained earnings at $3,500,000. The next year, retained earnings were listed at $3,800,000. The firm's net income in 2016 was $700,000. There were no stock repurchases during the year. What were the dividends paid by the firm in 2016? OA. $400,000 O B. $600,000 O c. $500,000 O D. $800,000

The year-end 2015 balance sheet of XYZ Inc. listed common stock and other paid-in capital at $1,100,000 and retained earnings at $3,500,000. The next year, retained earnings were listed at $3,800,000. The firm's net income in 2016 was $700,000. There were no stock repurchases during the year. What were the dividends paid by the firm in 2016? OA. $400,000 O B. $600,000 O c. $500,000 O D. $800,000

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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Madrid Company has provided the following data (ignore income taxes): 2014 revenues were $80,500. 2014 net income was $34,500. Dividends declared and paid during 2014 totaled $6,300. Total assets at December 31, 2014 were $223,000. Total stockholders' equity at December 31, 2014 was $130,000. Retained earnings at December 31, 2014 were $85,000. Which of the following is not correct?
Dog cat house inc. reported $13 million of retained earnings in 2012. In 2013 the company had a net income of $4,000,000 and paid a dividend of $1.30 per share. dog cat house incs. EPS in 2013 were $1.50. What was dog cat house incs retained earnings balance at the end of 2013?
See Table 2.5 LOADING... showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had been the same fraction of revenues in 2016-2019 as they were in 2015. What would Mydeco's EPS have been each year in this case? Calculate the new EPS for 2016-2019 below: (Round dollar amounts and number of shares to one decimal place. Round percentage amount and the EPS to two decimal places.)
R.R. Donnelley & Sons. How many shares of the company's stock are outstanding? What is the total market value of the firm? What were its profits in the most recent fiscal year? (as on 2015) (collect data from finance.yahoo.com)
Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands, except share information.) 2017 2016 Net sales $1,126,000 $1,133,200 Net income (loss) 66,700 54,800 Total assets 855,338 838,078 Share information Shares outstanding at year-end 64,507,000 66,282,000 Preferred dividends There were 73,139,000 shares outstanding at the end of 2015. 9:17 PM
12. Information related to the Berkley Company for the calendar year 2015 follows: Liabilities, December 31, 2015 Assets, December 31, 2015 Dividends distributed during 2015 Liabilities, December 31, 2014 Assets, December 31, 2014 $440 700 90 300 450 Assuming no capital stock was issued during 2015, the net income earned by the Berkley Company during 2015 was 0110
Dog cat house inc. reported $13 million of retained earnings in 2012. In 2013 the company had a net income of $4,000,000 and paid a dividend of $1.30 per share. dog cat house incs. EPS in 2013 were $1.50. What was dog cat house incs retained earnings balance at the end of 2013?
What is the total EPS for 2017? (2 decimal places)
Starbucks reports net income for 2015 of $2,956.4 million. Its stockholders' equity is $6,527 million and $7,073 million for 2014 and 2015, respectively. a. Compute its return on equity for 2015.Round answer to one decimal place (ex: 0.2345 = 23.5%)Answer% b. Starbucks repurchased over $1.4 billion of its common stock in 2015. Did this repurchase increase or decrease Starbucks’ ROE? ROE usually decreases since the repurchase of shares reduces the denominator (avg. stockholders' equity). ROE usually increases since the repurchase of shares reduces the denominator (avg. stockholders' equity). ROE usually increases since the repurchase of shares increases the denominator (avg. stockholders' equity). ROE usually decreases since the repurchase of shares increases the denominator (avg. stockholders' equity). c. If Starbucks had not repurchased common stock in 2015, what would ROE have been? Note: Round answer to one decimal place (example: 20.6%). Answer%
The 2008 balance sheet of a company showed long-term debt of $4.6 million, $1,740,000 in the common stock account and $4.2 million in the additional paid-in surplus account. The 2009 balance sheet showed long-term debt of $4.9 million, $1,815,000 in common stock account and $4.5 million in the additional paid-in surplus account. The 2009 income statement showed an interest expense of $870,000 and dividends of $590,000. You also know that the firm’s net capital spending for 2009 was $1, 440,000 and the firm’s net working capital was reduced by $95,000. What was the firm’s cash flow to creditors during 2009 and the firms cash flow to stockholders in 2009? What was the firm’s operating cash flow, OCF for 2009? What is the value for FCF?
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The balance sheets of Burrows Company at the end of each of the first two years of operations indicate the following: 2017 2016. Total current assets P600,000 P560,000 Total property, plant and equipment 960,000 740,000 Total current liabilities 150,000 80,000 Total long-term liabilities 350,000 250,000 Preferred 9% stock, P100 par 100,000 100,000 Common stock, P10 par 600,000 600,000 Paid-in capital in excess of par-common stock 60,000 60,000 Retained earnings 300,000 210,000 The net income is P150,000 and interest expense is P30,000 for 2017. And the current market price of the share is P22.20 in 2017, and P21.25 in 2016. What is the earning per share ratio for 2017?

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