Homework Answers
Solution:
| Price / Earnings Ratio | Market price per share of common stock / Earnings per share |
Calculation: of P/ E Ratio
| Price / Earnings Ratio | Market price per share of common stock / Earnings per share | Calculation |
| 2017 | 46 | 18.5/ 0.40 |
| 2018 | 25 | 12 / 0.48 |
Calculation of Earnings Per Share:
| Particulars | 2017 | 2018 |
| Earnings Per Share | ||
| Net Income | $ 37,200 | $ 42,000 |
| Preferred Dividend | $ 13,200 | $ 13,200 |
| Earnings | $ 24,000 | $ 28,800 |
| Total Common Stock | $ 60,000 | $ 60,000 |
| Earnings Per Share | 0.40 | 0.48 |
Add Answer to:
s an investment. Specifically, use the three stock ratios to determine whether the common stock has...
Homework: Chapter 15 HW B Save core: 0 of 1 pt 4 of 4 (3 complete)...
Homework: Chapter 15 HW B Save core: 0 of 1 pt 4 of 4 (3 complete) HW Score: 75%, 3 of 4 p D-21 (similar to) Question Help Data for Newton State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Newton State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Round to two decimal places. Begin...
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...
This financial information is available for Klinger Corporation. The weighted-average number of shares of common stock...
This financial information is available for Klinger Corporation. The weighted-average number of shares of common stock outstanding was 180,500 for 2016 and 152,000 for 2017. Calculate earnings per share and return on common stockholders’ equity for 2017 and 2016 2017 2016 Average common stockholders’ equity $1,750,000 $2,090,000 Dividends paid to common stockholders 90,500 71,500 Dividends paid to preferred stockholders 16,000 16,000 Net income 291,500 250,000 Market price of common stock 19 27
. This financial Information is available for Pharoah Corporation. 2020 2019 Average common stockholders' equity $1,850,000...
. This financial Information is available for Pharoah Corporation. 2020 2019 Average common stockholders' equity $1,850,000 $2,040,000 Dividends paid to common stockholders 90,500 69,500 Dividends paid to preferred stockholders to preferred stockholders 20,500 Net income 293,500 240,500 Market price of common stock 27 0,500 20,500 The weighted-average number of shares of common stock outstanding was 175,000 for 2019 and 149,500 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2...
Help on Accounting Study Guide? ate Accounts and Es b) Why might some companies issue stock dividends instead of cash dividends? e)ABC Company currently has 100,000 shares of common stock with a p...
Help on Accounting Study Guide?
ate Accounts and Es b) Why might some companies issue stock dividends instead of cash dividends? e)ABC Company currently has 100,000 shares of common stock with a par value of S2 before a 2-for-1 split. What is the number of shares and par value after the split? Los. How is the complete corporate income statement prepared? ) What may appear on a corporation's income statement that generally does not a ppear for smaller business? L06...
Profitability Analysis Albion Inc. provided the following information for its most recent year of operations. The...
Profitability Analysis Albion Inc. provided the following information for its most recent year of operations. The tax rate is 40%. Sales $100,000 Cost of goods sold 45,000 Net income 10,500 Interest expense 350 Assets—beginning balance 120,000 Assets—ending balance 126,000 Preferred dividends $300 Common dividends (paid December 31) $8,000 Common shares outstanding—January 1 30,000 shares Common shares outstanding—December 31 40,000 shares Average common stockholders' equity $55,000 Market price per common share $12 Required: Round all answers to two decimal places except...
Consider the following information. Stock price $55/share Avg. common shares outstanding 850,000 Common dividends $765,000 Dividends...
Consider the following information. Stock price $55/share Avg. common shares outstanding 850,000 Common dividends $765,000 Dividends per common share $0.90/share Preferred dividends $238,800 Net income $15,485,000 2019 preferred stock $6,162,000 2018 preferred stock $5,299,000 2019 total stockholders’ equity $28,435,000 2018 total stockholders’ equity $25,483,000 Purchases of treasury stock $120,000 Required: 1. Calculate the stockholder payout ratios. (Note: Round answers to three decimal places.) Dividend Yield % Dividend Payout % Total Payout % Stock Repurchase Payout % 2. Calculate the stockholder...
The income statement for Sutherland, Inc., appears below. SUTHERLAND, INC Income Statement For the Year Ended...
The income statement for Sutherland, Inc., appears below. SUTHERLAND, INC Income Statement For the Year Ended December 31, 2017 Net sales Cost of goods sold Gross profit Expenses (including 514,000 interest and $22,000 income taxes) Net Income $440,000 210,000 230.000 $6,000 $146.00 Additional information 1. 2. 3. The weighted average common shares outstanding in 2017 were 20.000 shares The market price of Sutherland, Inc. stock was 513 in 2017. Cash dividends of $24,000 were paid, 55,400 of which were to...
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis...
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis Industries at the end of 2017 appears as follows: 89%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid in capital on preferred 2.500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional paid in capital on common 18,000,000 Retained earnings 37.500.000 Total stockholders' equity $65,000,000 Net income for the year was...
This financial Information is available for Pharoah Corporation. 2020 2019 Average common stockholders' equity $1,850,000 $2,040,000...
This financial Information is available for Pharoah Corporation. 2020 2019 Average common stockholders' equity $1,850,000 $2,040,000 Dividends paid to common stockholders 90,500 69,500 Dividends paid to preferred stockholders 20,500 20,500 Net income 293,500 240,500 Market price of common stock 22 27 The weighted average number of shares of common stock outstanding was 175,000 for 2019 and 149,500 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2 decimal places, e.g....
Homework: Chapter 15 HW B Save core: 0 of 1 pt 4 of 4 (3 complete) HW Score: 75%, 3 of 4 p D-21 (similar to) Question Help Data for Newton State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Newton State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Round to two decimal places. Begin...
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...
. This financial Information is available for Pharoah Corporation. 2020 2019 Average common stockholders' equity $1,850,000 $2,040,000 Dividends paid to common stockholders 90,500 69,500 Dividends paid to preferred stockholders to preferred stockholders 20,500 Net income 293,500 240,500 Market price of common stock 27 0,500 20,500 The weighted-average number of shares of common stock outstanding was 175,000 for 2019 and 149,500 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2...
Help on Accounting Study Guide?
ate Accounts and Es b) Why might some companies issue stock dividends instead of cash dividends? e)ABC Company currently has 100,000 shares of common stock with a par value of S2 before a 2-for-1 split. What is the number of shares and par value after the split? Los. How is the complete corporate income statement prepared? ) What may appear on a corporation's income statement that generally does not a ppear for smaller business? L06...
The income statement for Sutherland, Inc., appears below. SUTHERLAND, INC Income Statement For the Year Ended December 31, 2017 Net sales Cost of goods sold Gross profit Expenses (including 514,000 interest and $22,000 income taxes) Net Income $440,000 210,000 230.000 $6,000 $146.00 Additional information 1. 2. 3. The weighted average common shares outstanding in 2017 were 20.000 shares The market price of Sutherland, Inc. stock was 513 in 2017. Cash dividends of $24,000 were paid, 55,400 of which were to...
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis Industries at the end of 2017 appears as follows: 89%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid in capital on preferred 2.500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional paid in capital on common 18,000,000 Retained earnings 37.500.000 Total stockholders' equity $65,000,000 Net income for the year was...
This financial Information is available for Pharoah Corporation. 2020 2019 Average common stockholders' equity $1,850,000 $2,040,000 Dividends paid to common stockholders 90,500 69,500 Dividends paid to preferred stockholders 20,500 20,500 Net income 293,500 240,500 Market price of common stock 22 27 The weighted average number of shares of common stock outstanding was 175,000 for 2019 and 149,500 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2 decimal places, e.g....
Most questions answered within 3 hours.
-
A researcher wishes to study the cumulative effects of several
combinations of HIV drugs. There are...
asked 15 minutes ago -
How
to make a simple game of whack a mole in pygame
asked 54 seconds from now -
Write a c/c++ program to read a list of students from a file and
create a...
asked 8 minutes ago -
Identify two different methods for collecting data in
qualitative research. What are the benefits and challenges...
asked 9 minutes ago -
I am suppose to have my array before the main class but I am
getting the...
asked 10 minutes ago -
Your task is to design the page table for the 32bit Pentium
microprocessor. Answer the following...
asked 17 minutes ago -
The Paradise Shoes Company has estimated its weekly TVC function
from data collected over the past...
asked 15 minutes ago -
Although Epicurus advocates pursuing pleasure for the
good life, discuss a few reasons why he does...
asked 33 minutes ago -
Problem 1: Present entries to record the selected transactions
described below:
(a)
Issued $2,790,000 of 5-year,...
asked 39 minutes ago -
Using technology to support HR activities increases:
a.
the efficiency of the administrative HR functions.
b....
asked 40 minutes ago -
1. List the features used to classify leaf
types.
2. List some characteristics that are shared...
asked 45 minutes ago -
The three elements of Value Proposition, Key Customers, and
Capabilities operate within an environment. Which of...
asked 47 minutes ago