Homework Answers
| Earning per Share | $2.30 | Per Share | ||
| (Net Income/Average Outstanding shares during the year) | ||||
| Working note | ||||
| Net Income | $9,660,000 | |||
| Outstanding shares Beginning of the year | 4.1 million | |||
| Outstanding shares end of the year | 4.3 million | |||
| Average Outstanding shares | 4.2 million | |||
| (Beginning + End of the year)/2 | ||||
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Illustration of EPS National Beverage In milions, except price Met income Preferred Dividends hesage Humber of...
Illustration of EPS National Beverage miions ept price Yea3 ह। Year 1 Net noome s 12...
Illustration of EPS National Beverage miions ept price Yea3 ह। Year 1 Net noome s 12 S 416 Poed Dividends 02 07 Aage Numberol Shares Outstandr 64 63 Common Stockheden aty ock price $147 1852 Year3 Net nome-Preferred Oividends ES Se12-502 543-5031 404 Average Numbr of Shares Outstanding 60 131 $106 Year Generated $1.31 of income for every share of common stock, an increase of 50.25 per share EPS is not appropriate for comparing across companies Knowledge Check 01 A...
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...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6,...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc, had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options; co...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options; convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9] On December 31, 2017, Berclair Inc. had 480 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options, convertible bonds...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options, convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9) On December 31, 2017. Berclair Inc. had 260 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding on March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6,...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc. had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
what i got was marked wrong Exercise 19-18 EPS; stock dividend; nonconvertible preferred stock; treasury shares;...
what i got was marked wrong
Exercise 19-18 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options exercised (LO19-5, 19-6, 19-7, 19-8) On December 31, 2017 Berclair Inc. had 400 million shares of common stock and 14 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2018....
Reading an income statement Calculating Earnings and Dividends per share: U S Corporation 2017 Income Statement...
Reading an income statement Calculating Earnings and Dividends per share: U S Corporation 2017 Income Statement ($ in millions) Net sales $1,509 Cost of goods sold 750 Depreciation 65 Earnings before interest and taxes $ 694 Interest paid 70 Taxable income $ 624 Taxes (34%) 212 Net income $ 412 Dividends $ 103 Addition to retained earnings 309 Suppose U S had 200 million shares outstanding at the end of 2017. Based on the income...
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...
Dividends and EPS
Swifty Inc. had net income for the current year ending December 31, 2020 of $921,150. During the entire year, there were 501,000 common shares outstanding. The company had two classes of preferred shares outstanding: the Class A preferred shares were $2.03 cumulative shares of which 12,000 were outstanding, and were convertible to common shares at a rate of 1:1. There were 100,000 $5.03 Class B non-cumulative preferred shares outstanding that were also convertible at a rate of 1:1. Swifty had outstanding a $1,000,000, 6% bond issued in 2009 that was convertible to 21,000 common...
Illustration of EPS National Beverage miions ept price Yea3 ह। Year 1 Net noome s 12 S 416 Poed Dividends 02 07 Aage Numberol Shares Outstandr 64 63 Common Stockheden aty ock price $147 1852 Year3 Net nome-Preferred Oividends ES Se12-502 543-5031 404 Average Numbr of Shares Outstanding 60 131 $106 Year Generated $1.31 of income for every share of common stock, an increase of 50.25 per share EPS is not appropriate for comparing across companies Knowledge Check 01 A...
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...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc, had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options; convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9] On December 31, 2017, Berclair Inc. had 480 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options, convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9) On December 31, 2017. Berclair Inc. had 260 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding on March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc. had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
what i got was marked wrong
Exercise 19-18 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options exercised (LO19-5, 19-6, 19-7, 19-8) On December 31, 2017 Berclair Inc. had 400 million shares of common stock and 14 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2018....
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...
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