Earnings Per Share
Financial statement data for the years ended December 31 for Dovetail Corporation follow:
20Y3 | 20Y2 | |||
Net income | $173,000 | $152,250 | ||
Preferred dividends | $26,000 | $26,000 | ||
Average number of common shares outstanding | 30,000 | shares | 25,000 | shares |
a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places.
20Y3 | $ per share |
20Y2 | $ per share |
b. Does the change in the earnings per share
from 20Y2 to 20Y3 indicate a favorable or an unfavorable
trend?
Earnings Per Share Financial statement data for the years ended December 31 for Dovetail Corporation follow:...
Earnings Per Share Financial statement data for the years ended December 31 for Dovetail Corporation follow: 20Y3 20Y2 Net income $445,000 $343,000 Preferred dividends $68,000 $68,000 Average number of common shares outstanding 65,000 shares 50,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $ per share 20Y2 $ per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable...
Earnings Per Share Financial statement data for the years ended December 31 for Dovetail Corporation follow: 20Y3 20Y2 Net income $604,500 $488,000 Preferred dividends $92,000 $92,000 Average number of common shares outstanding 50,000 shares 40,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $ per share 20Y2 $ per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable...
Earnings Per Share Financial statement data for the years ended December 31 for Dovetail Corporation follow: 20Y3 20Y2 Net income $823,500 $702,000 Preferred dividends $126,000 $126,000 Average number of common shares outstanding 75,000 shares 60,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $ per share 20Y2 $ per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable...
Earnings Per Share Financial statement data for the years ended December 31 for Dovetail Corporation follow: 20Y3 20Y2 Net income $999,000 Preferred dividends $152,000 $858,500 $152,000 45,000 shares Average number of common shares outstanding 55,000 shares a. Determine the earnings per share for 20Y3 and 2072. Round your answers to two decimal places. 20Y3 A per share 20Y2 A per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable...
Financial statement data for the years ended December 31 for Dovetail Corporation follow: 20Y3 20Y2 Net income $772,500 $676,000 Preferred dividends $118,000 $118,000 Average number of common shares outstanding 55,000 shares 45,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $ per share 20Y2 $ per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable trend?
Financial statement data for the years ended December 31 for Dovetail Corporation follow: 20Y3 20Y2 Net income $1,317,500 $1,092,000 Preferred dividends $201,000 $201,000 Average number of common shares outstanding 70,000 shares 55,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $ per share 20Y2 $ per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable trend? ________
Financial statement data for the years ended December 31 for Dovetail Corporation follow: 20Y3 20Y2 Net income $332,250 $312,000 Preferred dividends $51,000 $51,000 Average number of common shares outstanding 75,000 shares 60,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $ per share 20Y2 $ per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable trend?
Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 40,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $30 par $960,000 Paid-In Capital from Sale of Treasury Stock 48,000 Paid-In Capital in Excess of Par—Common Stock 128,000 Retained Earnings 557,000 Treasury Stock 29,000 Stockholders' Equity Paid-In Capital: $ $ Total Paid-in Capital $ Total $ Total Stockholders' Equity $ Earnings...
1) The following is financial statement data from Bug Company for years ended December 31: (5 points) 2016 2017 Net Income $524,748 $618,184 Preferred Dividends $25,000 $25,000 Average number of common shares outstanding 70,000 80,000 Instructions: a) Calculate the earnings per share for 2016 and 2017. b) Was there a favorable or unfavorable trend for earnings per share from 2016 to 2017?
Financial statement data for years ending December 31 for Jardine Company are shown below. 2016 2015 Net income $491,500 $421,500 Preferred dividends $75,000 $75,000 Average number of common shares outstanding 70,000 shares 55,000 shares a. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places. 2016 $ per share 2015 $ per share b. Does the change in the earnings per share from 2015 to 2016 indicate a favorable or an unfavorable trend?