Plummer Stonework Corporation was organized on January 1, 2017. For its first two years of operations, it reported the following:$ 31,10042,30013,60018,700139,000270,000110,000110,000Net income for 2017Net income for 2018Dividends for 2017Dividends for 2018Total assets at the end of 2017Total assets at the end of 2018Common stock at the end of 2017Common stock at the end of 2018Required:On the basis of the data given, prepare a statement of stockholders' equity for 2018.PLUMMER STONEWORK CORPORATIONStatement of Stockholders' EquityFor the Year Ended December 31, 2018Common StockRetained EarningsBalance December 31, 2017This is a numeric cell, so pleaseenter numbers only.Add: Net incomeLess: DividendsBalance December 31, 2018

The shareholders' equity section represents the capital, net income, retained earnings that belongs…

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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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Given the following price and dividend information, calculate the holding period return. (Enter percentages as decimals and round to 4 decimals) Stock: MSFT Year Price Dividend 2017 $ 64.65 2018 $ 95.01 $ 1.72 2019 $ 104.43 $ 1.89 2020 $ 107.23 $ 2.09 2021 $231.96 $ 2.30 2022 $310.98 $ 2.54 2023 $247.81 $ 3.00
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Below is the financial data for Arla Inc. for the year ended December 31, 2020: Market price per share... Net Income...... $150.00 $1,750,000 Preferred Dividends declared... $75,000 Average # of common shares....... Dividends per share...... Average common shareholders' equity..... Total assets..... Total Liabilities... Accumulated Other Comprehensive Income..... 100,000 $2.50 10,000,000 $22,500,000 $11,675,000 $185,000 Instructions Calculate the Return on shareholders' equity (use up to 2 decimal places and do not include a % sign)
What is your company’s common and preferred stock par or stated value? 2019
Use the following information to find dividends paid to common stockholders during 2018. Balance of Retained Earnings, December 31, 2017 $ 52 m Plus: Net Income for 2018 21 m Less: Cash Dividends Paid Preferred Stock $ 7 m Common Stock 10 m Total Cash Dividends Paid 17 m Balance of Retained Earnings, December 31, 2018 $ 56 m
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The following table provides selected financial information for eBay Inc. for its fiscal years 2016 and 2015. Current Assets Current Liabilities Total Assets Total Liabilities Shares Outstanding Retained Earnings Stock price per share Sales EBIT 2016 8,875 3,847 23,847 13,308 530 14,959 29.69 8,979 2,325 2015 7,904 2,263 17,755 11,179 741 7,713 27.48 8,592 2,197 Using a word or excel file, follow the template illustrated in the textbook (Exhibit 4.11) to show your work and compute the Altman Z-scores for both years. Below your computation table, briefly discuss any trends and answer the following question: Is the company more or less likely to go bankrupt given the patterns you observe in its Z-scores over time? Upload your file.
Computing rate of return on common stockholders’ equity Wyler, Inc.’s 2018 balance sheet reported the following items—with 2017 figures given for comparison: Net income for 2018 was $3,690. Compute Wyler’s rate of return on common stockholders’ equity for 2018.
What terminology best describes the EPS (earnings per share) formula below? Net income available to common stockholders/ (number of shares outstanding+ potential shares from employee options and convertible debt) A-diluted EPS B-Basic EPS C- operating EPS D- adjusted EPS
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When calculating the weighted average shares of common stock outstanding, how should companies adjust for stock dividends? O They should be weighted by the number of days outstanding. O They should be considered outstanding at the beginning of the year. O They should be weighted by the number of months outstanding. O They should be considered outstanding at the mid-point of the year.

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