1. Mayan Company had net income of $34,830. The weighted-average common shares outstanding were 8,600. The company has no preferred stock. The company's earnings per share is:
Multiple Choice
$4.11.
$3.99.
$5.00.
$1.17.
$4.05.
2. A company has net income of $875,000; its weighted-average common shares outstanding are 175,000. Its dividend per share is $1.20, its market price per share is $103, and its book value per share is $98.50. Its price-earnings ratio equals:
Multiple Choice
4.50.
20.60.
19.70.
3.30.
5.70.
3. A company paid $0.56 in cash dividends per share. Its earnings per share is $4.28 and its market price per share is $29.00. Its dividend yield equals:
Multiple Choice
14.76%.
1.93%.
13.08%.
7.64%.
5.18%.
1. | |
Earnings per share = Net income / Weighted average common shares outstanding = 34830 / 8600 | 4.05 |
2. | |
Earnings per share = Net income / Weighted average common shares outstanding = 875000 / 175000 | 5 |
Price-earnings ratio = Market price per share / Earnings per share = 103 / 5 | 20.60 |
3. | |
Dividend yield = Cash dividend per share / Market price per share = 0.56 / 29.00 | 1.93% |
1. Mayan Company had net income of $34,830. The weighted-average common shares outstanding were 8,600. The...
Mayan Company had net income of $33,580. The weighted-average common shares outstanding were 9,200. The company has no preferred stock. The company's earnings per share is: Multiple Choice $5.00 $3.71. $3.59 $1.39. $3.65 Authorized shares 28,000 Issued shares 23,000 7,500 Treasury shares The number of outstanding shares is: Multiple Choice 28,000. 35,500 23,000. 20,500. Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 24,000 shares authorized 11,400 shares issued, and 9,600 shares of...
Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company has no preferred stock. The company's earnings per share is: A. $1.65 B. $1.59 C. $44.00 D. $26.67 E. $1.71
Help Save&Exit Su Gargantic Inc. had net income of $90,000 for 2018; its weighted-average common shares outstanding for 2018 was 18,000 shares. The Company's dividend per share was $0.45, its market price per share was $88, and its book value per share was $76. What was Gargantic inc's pric/earnings ratio for 2018? Multiple Choice 176. 5.2 50 None of the other 3 answer choices is the correct price/eamings ratio for Gargantic Inc. for 2018 < Prev 4 of 10辮 Next>...
URGENT!!! Please help me understand this. A company has net income of $880,000; its weighted-average common shares outstanding are 176,000. Its dividend per share is $1.15, its market price per share is $102, and its book value per share is $97.00. Its price-earnings ratio equals:
The following data were reported by a corporation: Authorized shares 36,000 Issued shares 31,000 Treasury shares 11,500 The number of outstanding shares is: Multiple Choice 31,000. Ο 19,500. Ο 36,000. The number of outstanding shares is: Multiple Choice o 31,000. o 19,500. o 36,000. o 47,500. o 24,500. Mayan Company had net income of $30,780. The weighted-average common shares outstanding were 8,100. The company declared a $2,800 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions....
Weighted Average Shares At the beginning of 2014, Hardin Company had 220,000 shares of $10 par common stock outstanding. During the year, it engaged in the following transactions related to its common stock: Mar. Issued 45,000 shares of stock at $22 per share. June 1 Issued a 15% stock dividend. July 1 Issued 10,000 shares of stock at $27 per share. Aug. 31 Issued a 2-for-1 stock split on outstanding shares, reducing the par value to $5 per share. Oct....
Weighted Average Shares At the beginning of 2014, Hardin Company had 230,000 shares of $10 par common stock outstanding. During the year, it engaged in the following transactions related to its common stock: March 1 Issued 43,000 shares of stock at $22 per share. June 1 Issued a 15% stock dividend. July 1 Issued 9,000 shares of stock at $27 per share. Aug. 31 Issued a 2-for-1 stock split on outstanding shares, reducing the par value to $5 per share....
Story Corporation had net income of $300,000 in 2018. The weighted average number of shares outstanding in 2018 was 100,000 shares. Donner Corporation's common stock is selling for $36 per share on the New York Stock Exchange. Story Corporation's price-earnings ratio is... O 10.0 times 12.0 times O 36.0 times 72.0 times
Lee Corp. had 400,000 weighted average common shares outstanding in 2020 and 10,000 weighted average preferred shares outstanding in 2020. Lee Corp. reported net income of $900,000 in 2020, and declared and paid $100,000 and $20,000 of common stock and preferred stock dividends, respectively. Compute earnings per share for Lee Corp. for 2020.
Alciatore Company reported a net income of $150,000 in 2018. The weighted average number of common shares outstanding for 2018 was 40,000. The average stock price for 2018 was $33. Assume an income tax rate of 40%. Required: For each of the following independent situations, indicate whether the effect of the security is antidilutive for diluted EPS. 10,000 shares of 7.7% of $100 par convertible, cumulative preferred stock. Each share may be converted into two common shares. 8% convertible 10-year,...