Homework Answers
Earnings per share (EPS) = Net Income available to Common stock /weighted average shares outstanding
=9660000/4300000=2.24 per share
In question didn't provide the details regarding fresh issue of shares, so i was consider the issue was done in beginning of the year.
Add Answer to:
Illustration of EPS National Beverage miions ept price Yea3 ह। Year 1 Net noome s 12...
illustration of EPS National Beverage n men ept price Tear 3 Vear Year 2 Net incime...
illustration of EPS National Beverage n men ept price Tear 3 Vear Year 2 Net incime S 612 s 444 Prefemed Dvdends 02 03 Average Number of Shares Outtanding 463 Common Stockheidert fquly S3476 S060 ock prce Year 2 Net Income-Prefed Dvdnds s612-0 tPS Auerage Nuer ShaeCuttanding s3-503 466 Year 3 Generated $1.31 of income for every share of common stock, an increase of S0.25 per share EPS is not appropriate for comparing across companies Knowledge Check 01 A company...
Illustration of EPS National Beverage In milions, except price Met income Preferred Dividends hesage Humber of...
Illustration of EPS National Beverage In milions, except price Met income Preferred Dividends hesage Humber of Shams Outstanding Connen Stockho ut income-Pared Dividends Average Number of Shares Outstanding Year 3 Generated $1.31 of income for every share of common stock, an increase of $0.25 per share EPS is not appropriate for comparing across companies Knowledge Check 01 A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the beginning of...
BE 19-12 EPS; shares issued; shares retired • LO19-5, LO19-6 McDonnell-Myer Corporation reported net income of...
BE 19-12 EPS; shares issued; shares retired • LO19-5, LO19-6 McDonnell-Myer Corporation reported net income of $741 million. The company had 544 million common shares outstanding at January 1 and sold 36 million shares on February 28. As part of an annual share repurchase plan, 6 million shares were retired on April 30 for $47 per share. Calculate McDonnell-Myer's earnings per share for the year.
EPS Carlson Company reported net income of $1,750 million in 2016. The weighted average number of...
EPS Carlson Company reported net income of $1,750 million in 2016. The weighted average number of common shares outstanding during 2016 was 525 million shares. Carlson paid $30 million in dividends on preferred stock, which was convertible into 15 million shares of common stock. What is the basic earnings per share amount for 2016? Select one: O a. $3.28 b. $3.24 c. $3.19 d. $3.33 Previous Save Answers Next
26. The formula to calculate Earnings Per Share (EPS) on common stock is: Net Income minus...
26. The formula to calculate Earnings Per Share (EPS) on common stock is: Net Income minus ?? Shares of Common Stock Outstanding A. Shares of Common Stock B. Preferred Dividends C. Market Price D. Shares of Preferred Stock 27. The components of Work in Process costs do NOT include the following: A. Materials Inventory B. Direct Labor C. Factory Overhead D. Cost of Goods Sold 28. Based on the following information about Kleino's Deli, in which year did Kleing's retain...
Barbur Inc reported net income of $21.5625 million. During the year the average number of common...
Barbur Inc reported net income of $21.5625 million. During the year the average number of common shares outstanding was 3.75 million. The price of a share of common stock at the end of the year was $5. There were 700,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is noncumulative The EPS is approximately A. $0.17 B. $5.51 C. $5.61 D. $5.75
just Excrcise 16: Relation of rights to EPS and the price-carnings ratio Walker Machine Tools has 7 million shares of common stock outstanding. The current market price of Walker common stock is S82 p...
just
Excrcise 16: Relation of rights to EPS and the price-carnings ratio Walker Machine Tools has 7 million shares of common stock outstanding. The current market price of Walker common stock is S82 per share rights-on. The company's net income this year is $25 million. A rights offering has been announced in which 700,000 new shares will be sold at $76.50 per share. The subscription price plus seven rights is needed to buy one of the new shares. a. What...
Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2018, Bank of...
Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2018, Bank of America Corp. reported information related to basic earnings per share. Fill in the missing information. Rounding instruction: Round answer a. to two decimal places. Round answer b., C., & d. to the nearest million. Round answer e. to one decimal place. 2018 2017 2016 $ millions, except per share amounts Net income $18,232 d. $ $28,147 1,451 b. $ 26,696 c. $ 10,096.5 Preferred...
EzeeCredit Company reported net income of $4,080,000 for the year ended December 31, 2020. During the...
EzeeCredit Company reported net income of $4,080,000 for the year ended December 31, 2020. During the year the company also declared and paid dividends of $510,000 on the company's preferred shares. During the same period, the company had a total of 11,900,000 common shares outstanding. Calculate the company's earnings per share (or EPS). (Round answer to 2 decimal places, e.g. 52.75.) Earnings per share (or EPS)
Question 3: 1. Johnson Inc began operations in 20X6. In that year, the company earned net...
Question 3: 1. Johnson Inc began operations in 20X6. In that year, the company earned net income of S145,000 and paid dividends of $1.25 per share on each of its 30,000 outstanding common shares. Calculate retained earnings at the end of 20X6 Continue with Johnson Inc. from #1. In the following year, Johnson incurred a loss of $127,000 and paid no dividends. Calculate retained eanings or deficit at the end of 20X7 2. 3. Blaine Corporation had $200,000 in retained...
illustration of EPS National Beverage n men ept price Tear 3 Vear Year 2 Net incime S 612 s 444 Prefemed Dvdends 02 03 Average Number of Shares Outtanding 463 Common Stockheidert fquly S3476 S060 ock prce Year 2 Net Income-Prefed Dvdnds s612-0 tPS Auerage Nuer ShaeCuttanding s3-503 466 Year 3 Generated $1.31 of income for every share of common stock, an increase of S0.25 per share EPS is not appropriate for comparing across companies Knowledge Check 01 A company...
Illustration of EPS National Beverage In milions, except price Met income Preferred Dividends hesage Humber of Shams Outstanding Connen Stockho ut income-Pared Dividends Average Number of Shares Outstanding Year 3 Generated $1.31 of income for every share of common stock, an increase of $0.25 per share EPS is not appropriate for comparing across companies Knowledge Check 01 A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the beginning of...
BE 19-12 EPS; shares issued; shares retired • LO19-5, LO19-6 McDonnell-Myer Corporation reported net income of $741 million. The company had 544 million common shares outstanding at January 1 and sold 36 million shares on February 28. As part of an annual share repurchase plan, 6 million shares were retired on April 30 for $47 per share. Calculate McDonnell-Myer's earnings per share for the year.
EPS Carlson Company reported net income of $1,750 million in 2016. The weighted average number of common shares outstanding during 2016 was 525 million shares. Carlson paid $30 million in dividends on preferred stock, which was convertible into 15 million shares of common stock. What is the basic earnings per share amount for 2016? Select one: O a. $3.28 b. $3.24 c. $3.19 d. $3.33 Previous Save Answers Next
26. The formula to calculate Earnings Per Share (EPS) on common stock is: Net Income minus ?? Shares of Common Stock Outstanding A. Shares of Common Stock B. Preferred Dividends C. Market Price D. Shares of Preferred Stock 27. The components of Work in Process costs do NOT include the following: A. Materials Inventory B. Direct Labor C. Factory Overhead D. Cost of Goods Sold 28. Based on the following information about Kleino's Deli, in which year did Kleing's retain...
just
Excrcise 16: Relation of rights to EPS and the price-carnings ratio Walker Machine Tools has 7 million shares of common stock outstanding. The current market price of Walker common stock is S82 per share rights-on. The company's net income this year is $25 million. A rights offering has been announced in which 700,000 new shares will be sold at $76.50 per share. The subscription price plus seven rights is needed to buy one of the new shares. a. What...
Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2018, Bank of America Corp. reported information related to basic earnings per share. Fill in the missing information. Rounding instruction: Round answer a. to two decimal places. Round answer b., C., & d. to the nearest million. Round answer e. to one decimal place. 2018 2017 2016 $ millions, except per share amounts Net income $18,232 d. $ $28,147 1,451 b. $ 26,696 c. $ 10,096.5 Preferred...
EzeeCredit Company reported net income of $4,080,000 for the year ended December 31, 2020. During the year the company also declared and paid dividends of $510,000 on the company's preferred shares. During the same period, the company had a total of 11,900,000 common shares outstanding. Calculate the company's earnings per share (or EPS). (Round answer to 2 decimal places, e.g. 52.75.) Earnings per share (or EPS)
Question 3: 1. Johnson Inc began operations in 20X6. In that year, the company earned net income of S145,000 and paid dividends of $1.25 per share on each of its 30,000 outstanding common shares. Calculate retained earnings at the end of 20X6 Continue with Johnson Inc. from #1. In the following year, Johnson incurred a loss of $127,000 and paid no dividends. Calculate retained eanings or deficit at the end of 20X7 2. 3. Blaine Corporation had $200,000 in retained...
Most questions answered within 3 hours.
-
Identify and describe in detail the four categories of
institutions that could be included in a...
asked 2 minutes ago -
In python
class Customer:
def __init__(self, customer_id, last_name, first_name, phone_number, address):
self._customer_id = int(customer_id)
self._last_name =...
asked 10 minutes ago -
What is an example of a limitation in implementing a new
ERP system and how it...
asked 5 minutes ago -
In a section of 9.7cm of an artery with a radius of 2.6mm there
is a...
asked 6 minutes ago -
the two carboxylic acid groups of aspartic acid have different
acidities with pKa values of 2.1...
asked 10 minutes ago -
Would CuCO3 aqueous salt combined with calcium chloride
form a solid precipitate? If so, what would...
asked 9 minutes ago -
How do ECM Solutions assist in embedding a culture of continuous
improvement in an organization? (Project...
asked 29 minutes ago -
Directions
These directions introduce the idea of Essential Questions.
Since this may be a new concept...
asked 31 minutes ago -
1.b. Fiscal policy is said to suffer from ‘crowding out’.
Explain what this means and why...
asked 49 minutes ago -
The equation for the reaction of nitrogen and oxygen to form
nitrogen oxide is written as...
asked 53 minutes ago -
A scientist reproducing some photoelectric effect experiments
shines a light on a metal electrode, but doesn't...
asked 55 minutes ago -
In a study designed to test the effectiveness of magnets for
treating back pain, 35 patients...
asked 1 hour ago