Horngren's Accounting, Student Value Edition (12th Edition)
Horngren's Accounting, Student Value Edition (12th Edition)
12th Edition
ISBN: 9780134487151
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
Question
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Chapter 13, Problem P13.45APGA
To determine

Earnings per share:

The Earnings per share is the amount of net income earned by each common share outstanding. The Earnings per share calculated by with help of following formula:

Earnings per share=Net Income - Preferred DividendNumber of Common Shares Outstanding

Price Earnings Ratio:

The price earnings ratio shows the relationship between price of the share and earnings per share. It is calculated with the help of following formula:

Price Earnings Ratio=Market price per shareEarnings per share

Return on Common Stockholder’s Equity:

Return on Common Stockholder’s Equity is the rate of return earned by the Common Stockholders on their investment in the company. It is calculated with the help of following formula:

Return on Common Stockholder’s Equity = Net Income - Preferred DividendAverage Common Stockholder’s Equity

1. Earnings per share:

To determine:

The Earnings per share for the year 2018

To determine

2. Price Earnings Ratio:

To determine:

The Price Earnings Ratio for the year 2018 is 20 Times.

To determine

3. Return on Common Stockholder’s Equity:

To determine:

The Rate of Return on Common Stockholder’s Equity for the year 2018

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Chapter 13 Solutions

Horngren's Accounting, Student Value Edition (12th Edition)

Ch. 13 - Prob. 11QCCh. 13 - Prob. 1RQCh. 13 - Prob. 2RQCh. 13 - Prob. 3RQCh. 13 - Prob. 4RQCh. 13 - Prob. 5RQCh. 13 - Prob. 6RQCh. 13 - Prob. 7RQCh. 13 - Prob. 8RQCh. 13 - Prob. 9RQCh. 13 - Prob. 10RQCh. 13 - Prob. 11RQCh. 13 - Prob. 12RQCh. 13 - Prob. 13RQCh. 13 - Prob. 14RQCh. 13 - Prob. 15RQCh. 13 - Prob. 16RQCh. 13 - Prob. 17RQCh. 13 - Prob. 18RQCh. 13 - Prob. 19RQCh. 13 - Prob. 20RQCh. 13 - Prob. 21RQCh. 13 - Prob. 22RQCh. 13 - Prob. 23RQCh. 13 - Prob. 24RQCh. 13 - Prob. 25RQCh. 13 - Prob. S13.1SECh. 13 - Prob. S13.2SECh. 13 - Prob. S13.3SECh. 13 - Prob. S13.4SECh. 13 - Prob. S13.5SECh. 13 - Prob. S13.6SECh. 13 - Prob. S13.7SECh. 13 - Prob. S13.8SECh. 13 - Prob. S13.9SECh. 13 - Prob. S13.10SECh. 13 - Prob. S13.11SECh. 13 - Prob. S13.12SECh. 13 - Prob. S13.13SECh. 13 - Prob. S13.14SECh. 13 - Analyzing the effect of prior-period adjustments...Ch. 13 - Prob. S13.16SECh. 13 - Prob. S13.17SECh. 13 - Prob. S13.18SECh. 13 - Prob. E13.19ECh. 13 - Prob. E13.20ECh. 13 - Prob. E13.21ECh. 13 - Prob. E13.22ECh. 13 - Prob. E13.23ECh. 13 - Journalizing issuance of stock and preparing the...Ch. 13 - Prob. E13.25ECh. 13 - Journalizing issuance of stock and treasury stock...Ch. 13 - Computing dividends on preferred and common stock...Ch. 13 - Prob. E13.28ECh. 13 - Prob. E13.29ECh. 13 - Prob. E13.30ECh. 13 - Prob. E13.31ECh. 13 - Prob. E13.32ECh. 13 - Prob. E13.33ECh. 13 - Preparing a multi-step income statement Learning...Ch. 13 - Prob. E13.35ECh. 13 - Preparing a statement of retained earnings...Ch. 13 - Prob. E13.37ECh. 13 - Prob. E13.38ECh. 13 - Prob. P13.39APGACh. 13 - Prob. P13.40APGACh. 13 - Prob. P13.41APGACh. 13 - Prob. P13.42APGACh. 13 - Preparing an income statement Learning objective 5...Ch. 13 - Prob. P13.44APGACh. 13 - Prob. P13.45APGACh. 13 - Prob. P13.46BPGBCh. 13 - Prob. P13.47BPGBCh. 13 - Prob. P13.48BPGBCh. 13 - Prob. P13.49BPGBCh. 13 - Prob. P13.50BPGBCh. 13 - Prob. P13.51BPGBCh. 13 - Prob. P13.52BPGBCh. 13 - Prob. P13.53CTCh. 13 - Prob. P13.54CPCh. 13 - Prob. 13.1TIATCCh. 13 - Decision Case 13-1 Lena Kay and Kathy Lauder have...Ch. 13 - Prob. 13.1FSC
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