earnings per share | (net income - preferred dividend)/weighted average common shares | |
2017 ($) | 2016 ($) | |
net income | 102125 | 33800 |
preferred dividend | 5000 | 5000 |
shares outstanding at the beginning | 35000 | 25000 |
shares outstanding at the end | 70000 | 35000 |
weighted average common shares | 52500 | 30000 |
earnings per share | 1.85 | 0.96 |
current ratio | current assets / current liabilities | |
2017 ($) | 2016 ($) | |
current assets | 50400 | 44980 |
current liabilities | 24000 | 34600 |
current ratio | 2.10 | 1.30 |
debt to assets ratio | total liabilities / total assets | |
2017 ($) | 2016 ($) | |
total liabilities | 77500 | 101200 |
total assets | 250000 | 220000 |
debt to assets ratio | 0.31 | 0.46 |
Kimmel, Survey of Accounting, le Practice Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR MESSAGE MY INST...
JS Kimmel, Survey of Accounting, le & Practice Assignment Gradebook ORION Downloadable eTextbook signment CALCULATOR ME Exercise 2-9 (Part Level Submission) Nordstrom, Inc. operates department stores in numerous states. Selected financial statement Part End of Year Beginning of Year $ 358 Cash and cash equivalents Receivables (net) Merchandise inventory Other current assets Total current assets Total current liabilities 1,942 900 303 $3,217 $1,601 1,788 956 259 ES $3,361 $1,635 (a) Your answer is incorrect. Try again. Compute working capital (in...
US Kimmel, Accounting, 6e B Practice Assignment Gradebook ORION Downloadable eTextbook ssignment Concord Corporation compiled the following financial information as of December 31, 2017: Service revenue Common stock Equipment Operating expenses Cash Dividends Supplies Accounts payable Accounts receivable Retained earnings, 1/1/17 $836000 176000 245000 746000 203000 59000 34000 100000 85500 431000 Concord assets on December 31, 2017 are: $490000. $567500. $1407500. $1017500. Study Privacy Policy. 1 Q 2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John...
Kimmel, Accounting, 7e & Practice Assignment Gradebook Downloadable eTextbook ORION ssignment Exercise 1-13 X Your answer is incorrect. Try again. Here are incomplete financial statements for Sheridan Company. Calculate the missing amounts. SHERIDAN COMPANY Balance Sheet Assets Cash $29,500 (a) 31,700 Supplies 61,200 Equipment (net) (b) Total assets Liabilities and Stockholders' Equity Liabilities Notes payable $23,200 Stockholders' Equity Common stock 38,800 62,000 (c) Retained earnings 124,000 (d) Total liabilities and stockholders' equity 2000-2019 John Wiley & Sons, Inc. All Rights...
FINANCIAL & MANAGERIAL (ACC 110/210) Kimmel, Accounting, 6e Assignment Gradebook ORION Downloadable eTextbook FULL SCREEN CALCULATOR PRINTER VERSION BACK NEXT Question 25 At February 1, 2017, the balance in Pharoah Company supplies account was $4340. During February, Pharoah purchased supplies of $3720 and used supplies of $4960 At the end of February, the balance in the Supplies account should be $5580 credit. $4340 debit $13020 debit. $3100 debit SAVE FOR LATER SUBMIT ANSWER Question Attempts: 0 of 1 used Version...
ractice Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT On July 1, 2017, Oriole Company Ltd. pays £18,000 to Orlow Insurance Ltd. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Oriole Company Ltd., journalize and post the entry on July 1 and the adjusting entry on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order...
x + edugen.wileyplus.com/edugen/student/mainfr.uni US Kimmel, Accounting, 7e Practice Assignment Gradebook ORION Downloadable eTextbook ssignment ES Exercise 13-06 Here are the comparative income statements of Oriole Corporation. ORIOLE CORPORATION Comparative Income Statement For the Years Ended December 31 2022 2021 Net sales $632,300 $544,800 Cost of goods sold 456,600 415,500 Gross Profit 175,700 129,300 Operating expenses 74,100 44,500 Net income $ 101,600 $ 84,800 (a) Prepare a horizontal analysis of the income statement data for Oriole Corporation, using 2021 -55,000, -20%...
Kimmel, Accounting, 7e stice Assignment Gradebook ORION Downloadable eTextbook iment Exercise 233 (Part Level Submission) The following information was taken from the financial statements of Swifty Company: 2022 2021 Gross profit on sales $580,500 $690,000 Income before income taxes 240,000 200,000 Net income 150,000 160,000 Net income as a percentage of net sales 10 % 8 % (a) Compute the net sales for each year. 2022 2021 Net Sales Click if you would like to Show Work for this question:...
US Kimmel, Financial Accounting, 9e Assignment Gradebook ORION Downloadable &Textbook ractice gnment Exercise 3-10 Your answer is partially correct. Try again. The May transactions of Grouper Corp. were as follows. May 4 7 8 9 17 22 29 Paid $670 due for supplies previously purchased on account. Performed advisory services on account for $6,660. Purchased supplies for $820 on account. Purchased equipment for $2,640 in cash. Paid employees $660 in cash. Received bill for equipment repairs of $810. Paid $1,210...
Kimmel, Accounting, 7e Help I System Announcements tice Assignment Gradebook ORION Downloadable eTextbook ment CALCULATOR PRINTER VERSION NEXT 4 BACK Brief Exercise 10-03 Whispering Winds Corp. Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $12,075. All sales are subject to a 5% sales tax. Compute sales taxes payable. Sales taxes payable $ Make the entry to record sales taxes payable and sales. (Credit account titles are automatically indented...
Practice Assignment Gradebook ORION Downloadable eTextbook signment CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 2-04 Your answer is incorrect. Try again. Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $9,170, net income $268, preferred dividend $0, and weighted average common shares outstanding 400 million. Compute the earnings per share for Limited Brands. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share Click If you would like to...