Question

A company reports the following: Net income $1,225,000 Preferred dividends 47,800 Average stockholders' equity 8,750,000 Average...

A company reports the following:

Net income $1,225,000
Preferred dividends 47,800
Average stockholders' equity 8,750,000
Average common stockholders' equity 5,400,000

Determine (a) the return on stockholders’ equity and (b) the return on common stockholders’ equity. (Round percentages to one decimal place.)

a. Return on stockholders’ equity %
b. Return on common stockholders’ equity %
0 0
Add a comment Improve this question Transcribed image text
Answer #1

a) Retuen on &tockhotdes equity Net încome Avg. Stock hotdus equity & l1225,000 14% $8.450,000 a Retcun on common &tOCk hol

Add a comment
Know the answer?
Add Answer to:
A company reports the following: Net income $1,225,000 Preferred dividends 47,800 Average stockholders' equity 8,750,000 Average...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000...

    Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000 Average stockholders' equity Average common stockholders' equity 3,800,000 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. (Round percentages to one decimal place.) a. Return on stockholders' equity b. Return on common stockholders' equity Earnings per Share and Price Earnings Ratio A company reports the following: Net income $410,000 Preferred dividends $60,000 Shares of common stock outstanding 50,000...

  • Common Stockholders' Profitability Analysis A company reports the following: Net income $190,000 Preferred dividends 7,600 Average...

    Common Stockholders' Profitability Analysis A company reports the following: Net income $190,000 Preferred dividends 7,600 Average stockholders' equity 1,743,119 Average common stockholders' equity 872,727 Determine (a) the return on stockholders’ equity and (b) the return on common stockholders’ equity. If required, round your answers to one decimal place. a. Return on Stockholders' Equity % b. Return on Common Stockholders’ Equity %

  • Please answer All questions 1.) A company reports the following: Net income $170,000 Preferred dividends 6,800...

    Please answer All questions 1.) A company reports the following: Net income $170,000 Preferred dividends 6,800 Average stockholders' equity 1,231,884 Average common stockholders' equity 816,000 Determine (a) the the return on stockholders’ equity and (b) the return on common stockholders’ equity. If required, round your percentages to one decimal place. a. The rate earned on stockholders' equity % b. The rate earned on common stockholders' equity % 2.) A company reports the following: Net income $248,000 Preferred dividends $14,000 Shares...

  • 1. Return on total assets A company reports the following income statement and balance sheet information...

    1. Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income $172,560 Interest expense 30,450 Average total assets 2,010,000 Determine the return on total assets. If required, round the percentage to one decimal place. _______% 2. Common Stockholders' Profitability Analysis A company reports the following: Net income $190,000 Preferred dividends 7,600 Average stockholders' equity 1,407,407 Average common stockholders' equity 852,336 Determine (a) the the return on stockholders’ equity and...

  • Round percentages to one decimal place.

    A company reports the following:Net income$197,000Preferred dividends11,170Average stockholders' equity1,211,200Average common stockholders' equity844,280Round percentages to one decimal place.a. Determine the return on stockholders' equity. %b. Determine the return on common stockholders' equity.%

  • Round percentages to one decimal place.

    A company reports the following:Net income$197,000Preferred dividends11,170Average stockholders' equity1,211,200Average common stockholders' equity844,280Round percentages to one decimal place.a. Determine the return on stockholders' equity.fill in the blank 1%b. Determine the return on common stockholders' equity.fill in the blank 2%

  • A company reports the following: Net income $615,000 Preferred dividends $35,000 Shares of common stock outstanding...

    A company reports the following: Net income $615,000 Preferred dividends $35,000 Shares of common stock outstanding 100,000 Market price per share of common stock $45.82 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. $ b. Determine the company's price-earnings ratio. Round to one decimal place.

  • Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $730,000 Preferred dividends...

    Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $730,000 Preferred dividends $41,000 Shares of common stock outstanding 65,000 Market price per share of common stock $87.98 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. $ b. Determine the company's price-earnings ratio. Round to one decimal place.

  • The following financial information is available for Marigold Corporation. (in millions) 2022 2021 Average common stockholders’...

    The following financial information is available for Marigold Corporation. (in millions) 2022 2021 Average common stockholders’ equity $3,000 $3,200 Dividends declared for common stockholders 370 714 Dividends declared for preferred stockholders 40 40 Net income 625 680 Calculate the payout ratio and return on common stockholders’ equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%) 2022 2021 Payout ratio enter payout ratio in percentages % enter payout ratio in percentages % Return on common stockholders’ equity...

  • 23) West Tech. reports the following amounts for 2020: Net income $ 5,660,000 Average stockholders' equity...

    23) West Tech. reports the following amounts for 2020: Net income $ 5,660,000 Average stockholders' equity 1,000,000 Preferred dividends 145,000 Par value preferred stock 350,000 The 2020 rate of return on common stockholders' equity is: a 5.8%. b. 6.6%. c. 8.4%. d. 9.1%. 24) Pagal Corporation had beginning inventory $10,000,000, cost of goods sold $11,750,000, and ending inventory $8,500,000. What was Pagal's inventory turnover? a. 1.3 times. b. 1.4 times. c. 1.5 times. d. 2 times 25) In 2020 Freetown...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT