The Gizmo, Inc has just announced year-end results as follows: Value of company assets $12,960,000 Value...
The Gizmo, Inc has just announced year-end results as follows: Value of company assets $12,960,000 Value of company liabilities $6,183,913 Net income $1,864,805 Common stock dividends $253,098 Preferred stock dividends $459,939 Number of shares of common stock outstanding 865,642 Closing price of Gizmo Inc.'s stock $46.69 per share a. Calculate the book value per share. b. Calculate earnings per share. c. Calculate Gizmo Inc.'s dividend yield. a. The book value per share is $ (Round to the nearest cent.)
Five Measures of Solvency or Profitability The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Bonds payable, 6% $1,000,000 Preferred $10 stock, $50 par 43,000 Common stock, $10 par 795,500.00 Income before income tax was $198,000, and income taxes were $30,300 for the current year. Cash dividends paid on common stock during the current year totaled $21,479. The common stock was selling for $18 per share at the end of the year....
Assume you are given the following abbreviated financial statements: Current assets $199 Fixed and other assets $368 Total assets $ 567 Current liabilities $128 Long-term debt $106 Stockholders' equity $333 Total liabilities and equity $ 567 Common shares outstanding 19 million shares Total revenues $882 Total operating costs and expenses $771 Interest expense $16 Income taxes $33 Net profits $ 62 Dividends paid to common stockholders $19 On the basis of this information, calculate as many liquidity, activity,...
The Amherst Company has อ net profits o $5 million sales o $114 million, อnd 1 8 million shares o common stock outstanding The company has total assets ofs53 million and total stockholders' equity o $31 million. It pays S 1.18 per share in common dividends, and the stock trades at $27 per share Given this information, determine the following a. Amherst's FPS b. Amhersts book value per share and price-to-book-value ratio C. The firm's PIE ratio d. The company's...
ter 3 i Saved Dove, Inc., had additions to retained earnings for the year just ended of $637,000. The firm paid out $70,000 in cash dividends, and it has ending total equity of $7.32 million. a. If the company currently has 690,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. If the stock...
The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Bonds payable, 7% $1,800,000 Preferred $5 stock, $100 par 230,000 Common stock, $13 par 110,630.00 Income before income tax was $264,600, and income taxes were $40,350 for the current year. Cash dividends paid on common stock during the current year totaled $102,120. The common stock was selling for $300 per share at the end of the year. Determine each of the following. Round...
Castile Products, Inc. Balance Sheet December 31 Assets Current assets: Cash 21,000 Accounts receivable, net 210,000 Merchandise inventory 320,000 Prepaid expenses 10,000 Total current assets 561,000 Property and equipment, net 870,000 Total assets $1,431,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 260,000 Bonds payable, 11% 390,000 Total liabilities 650,000 Stockholders' equity: Common stock, $5 par value $ 150,000 Retained earnings 631,000 Total stockholders' equity 781,000 Total liabilities and $1,431,000 stockholders' equity Castile Products, Inc. Income Statement For the Year...
The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $35 par value (no change during the year) $11,200,000 Preferred $5 stock, $100 par (no change during the year) 4,000,000 The net income was $1,224,000 and the declared dividends on the common stock were $80,000 for the current year. The market price of the common stock is $22.40 per share. For the common stock, determine (a) the earnings...
Use the information in the table to find the following: Consider the following information about Truly Good Coffee, Inc. a. The company's book value. b. Its book value per share. c. The stock's earnings per share (EPS). d. The dividend payout ratio e. The dividend yield on the common stock. f. The dividend yield on the preferred stock. a. The company's book value is $ 80 million. (Round to the nearest million b. Its book value per share is $...
The following information was taken from the financial statements of Finn Resources Inc. for December 31 of the current fiscal year: Common stock, $40 par value (no change during the year) $9,200,000 Preferred $4 stock, $100 par (no change during the year) 3,000,000 The net income was $626,000 and the declared dividends on the common stock were $85,100 for the current year. The market price of the common stock is $18.7 per share. For the common stock, determine (a) the...