From the income statement, the corporation had a net income of $724 million for the year. Total dividends were $106 million. There were 400 million shares outstanding. How much is the dividends per share?
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There were 400 million shares outstanding. How much is the dividends per share?
From the income statement, the corporation had a net income of $724 million for the year.
From the income statement, the corporation had a net income of $724 million for the year. Total dividends were $106 million. There were 400 milion shares outstanding. How much is the earnings per share?
Reading an income statement Calculating Earnings and Dividends per share: U S Corporation 2017 Income Statement...
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A company had 2 million common shares outstanding throughout the last year. Total dividends of $1...
A company had 2 million common shares outstanding throughout the last year. Total dividends of $1 million were paid to common stockholders and dividends of $400,000 were paid to preferred stockholders. Net income was $6 million and the tax rate was 40%. The company also had 100,000 options on common stock outstanding throughout the period; the exercise price is $20.00. The average share price over the year was $27.00 and the end year price was $35.00. The diluted earnings per...
The Hastings Corporation has 3 million shares outstanding (The following questions are separate from each other). ...
The Hastings Corporation has 3 million shares outstanding (The
following questions are separate from each
other).
a. If the marginal principle of retained earnings
is applied, how much in total cash dividends will be paid over the
five years? (Enter your answer in millions.)
Total cash dividends in Millions:_____________________
b. If the firm simply uses a payout ratio of 30
percent of net income, how much in total cash dividends will be
paid? (Enter your answer in millions and...
At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 640 million shares of...
At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 640 million shares of common stock and 4 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2017 or 2018. Net income for 2018 was $464 million. The income tax rate is 40%. Calculate eamings per share for the year ended December 31, 2018. (Round your answer to 2 decimal places.) Earnings per share
At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of...
At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of common stock and 7 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2020 or 2021. Net income for 2021 was $788 million. The income tax rate is 25% Calculate earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.) Earnings per share
Shares in Growth Corporation are selling for $45 per share. There are 13 million shares outstanding....
Shares in Growth Corporation are selling for $45 per share. There are 13 million shares outstanding. The stock pays a 25 percent stock dividend. After the dividend: How many shares will be outstanding? What will be the price per share? Please state your answer in millions and to 2 decimal places. Outstanding shares = million Price per share =
At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of...
At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of common stock and 7 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2020 or 2021. Net income for 2021 was $788 million. The income tax rate is 25%. Calculate earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.)
a) Lockhart’s Bookstores is trading at $54 per share. There are 280 million shares outstanding. what...
a) Lockhart’s Bookstores is trading at $54 per share. There are 280 million shares outstanding. what is the market capitalization of the company? b) The MedTech company recently reported net profits after taxes of $15.8million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $ 1 million per year. compute the firm’s earnings per share (EPS) (II) Assuming that the stock currently trades at $60 per share, determine what the firm’s dividend yield...
On December 31, 2020, Ainsworth, Inc., had 500 million shares of common stock outstanding. Twenty three...
On December 31, 2020, Ainsworth, Inc., had 500 million shares of common stock outstanding. Twenty three million shares of 7%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021, Ainsworth purchased 50 million shares of its common stock as treasury stock. Twenty million treasury shares were sold on August 31. Ainsworth issued a 4% common stock dividend on June 12, 2021. No cash dividends were declared in 2021. For the year ended...
From the income statement, the corporation had a net income of $724 million for the year. Total dividends were $106 million. There were 400 milion shares outstanding. How much is the earnings per share?
The Hastings Corporation has 3 million shares outstanding (The
following questions are separate from each
other).
a. If the marginal principle of retained earnings
is applied, how much in total cash dividends will be paid over the
five years? (Enter your answer in millions.)
Total cash dividends in Millions:_____________________
b. If the firm simply uses a payout ratio of 30
percent of net income, how much in total cash dividends will be
paid? (Enter your answer in millions and...
At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 640 million shares of common stock and 4 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2017 or 2018. Net income for 2018 was $464 million. The income tax rate is 40%. Calculate eamings per share for the year ended December 31, 2018. (Round your answer to 2 decimal places.) Earnings per share
At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of common stock and 7 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2020 or 2021. Net income for 2021 was $788 million. The income tax rate is 25% Calculate earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.) Earnings per share
On December 31, 2020, Ainsworth, Inc., had 500 million shares of common stock outstanding. Twenty three million shares of 7%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021, Ainsworth purchased 50 million shares of its common stock as treasury stock. Twenty million treasury shares were sold on August 31. Ainsworth issued a 4% common stock dividend on June 12, 2021. No cash dividends were declared in 2021. For the year ended...
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