Tyrion Corp. Had retained earnings of Php 400,000 on its 2001 balance sheet. In 2001, the company earnings per share (EPS) were Php 3.00 and its dividends paid per share (DPS) were Php 1.00. the company has 200,000 shares of common stock outstanding. What will be the level of retained earnings on the company's 2002 balance sheet?

Tyrion Corp. Had retained earnings of Php 400,000 on its 2001 balance sheet. In 2001, the company earnings per share (EPS) were Php 3.00 and its dividends paid per share (DPS) were Php 1.00. the company has 200,000 shares of common stock outstanding. What will be the level of retained earnings on the company's 2002 balance sheet?

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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Electronic world inc paid out $24 million in total common dividends and reported $255.6 million of retained earnings at year-end. The prior year's retained earnings were $173.8 million. What was the net income? Assume that all dividens delcared were actually paid.
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In its most recent financial statements, Del-Castillo Inc. reported $60 million of net income and $830 million of retained earnings. The previous retained earnings were $810 million. How much in dividends did the firm pay to shareholders during the year? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar.
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Byrd Lumber has 2 million shares of stock outstanding. On the balance sheet the company has $39 million worth of common equity. The company's stock price is $23 a share. What is the company's Market Value Added (MVA)? If negative, use the negative sign instead of parentheses, e.g. -130,000.
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