Homework Answers
| Earnings per share = $1.95 per share | ||||||
| Earnings per share = | Net Income available to common stockholders | |||||
| Weighted average number of common shares outstanding | ||||||
| Calculation of Earnings per share for 2022 | ||||||
| Particulars | Amount | |||||
| Net Income | 682.50 | $ | ||||
| Less: Preferred Stock dividend | - | |||||
| Net Income available to common stockholders | 682.50 | $ | ||||
| Average shares outstanding | 350 | shares | ||||
| Earnings per share (682.50/350) | 1.95 | per share | ||||
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The following information (in millions of dollars) is available for Martinez Sportswear for 2022 Sales revenue...
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent...
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,720, net income $228, 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 $
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent...
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $9,360; net income $200; preferred dividend $0; and weighted-average shares outstanding 377 million. Compute the earnings per share for Limited Brands. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share $enter earnings per share in dollars rounded to 2 decimal places Click if you would like to Show Work for this question: Open Show Work
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent...
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,500, net income $150, preferred dividend $0, and weighted average common shares outstanding 300 million. Compute the earnings per share for Limited Brands. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
Question 5 Suppose the following information (in millions of dollars) is available for Limited Brands for...
Question 5 Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,640; net income $230; preferred dividend $0; and weighted-average shares outstanding 383 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 Show Work for this question: Open Show Work
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021....
Suppose the following information is available for
Callaway Golf Company for the years 2022 and 2021.
(Dollars are in thousands, except share information.)
2022
2021
Net sales
$ 1,113,000
$ 1,119,100
Net income (loss)
76,351
63,425
Total assets
855,338
838,078
Share
information
Shares outstanding at year-end
68,500,000
70,320,000
Preferred dividends
0
0
Question 3 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Suppose the following information is available for Callaway Golf Company for the years...
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021....
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 2021 Net sales $ 1,114,000 $ 1,120,100 Net income (loss) 87,510 61,820 Total assets 855,338 838,078 Share information Shares outstanding at year-end 72,000,000 73,850,000 Preferred dividends 0 0 There were 80,700,000 shares outstanding at the end of 2020. (a) What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g....
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021....
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 2021 Net sales $ 1,128,000 $ 1,135,400 Net income (loss) 80,179 63,304 Total assets 855,338 838,078 Share information Shares outstanding at year-end 72,000,000 73,780,000 Preferred dividends 0 0 There were 80,620,000 shares outstanding at the end of 2020. (a) What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g....
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021....
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 2021 $ 1,118,000 $ 1,125,100 Net sales Net income (loss) 59,262 75,864 838,078 Total assets 855,338 Share information Shares outstanding at year-end 64,500,000 66,300,000 Preferred dividends There were 73,140,000 shares outstanding at the end of 2020. (a) What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 2022:...
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021....
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except shar information.) 2022 2021 Net sales $1,129,000 $1,136,000 Net income (loss) 84.462 70,965 Total assets 855,338 838,078 Share information Shares outstanding at year-end 69,500,000 71,270,000 Preferred dividends There were 78,130,000 shares outstanding at the end of 2020. What was the company's earnings per share for each year? (Round answers to 2 decimal places, s. 15.25) 2022: $ 2021: $
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021....
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 $1,114,000 87,510 855,338 2021 $1,120,100 61,820 838,078 Net sales Net income (loss) Total assets Share information Shares outstanding at year-end Preferred dividends 72,000,000 0 73,850,000 0 There were 80,700,000 shares outstanding at the end of 2020, (a) What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.)
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,720, net income $228, 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 $
Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,500, net income $150, preferred dividend $0, and weighted average common shares outstanding 300 million. Compute the earnings per share for Limited Brands. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
Question 5 Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,640; net income $230; preferred dividend $0; and weighted-average shares outstanding 383 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 Show Work for this question: Open Show Work
Suppose the following information is available for
Callaway Golf Company for the years 2022 and 2021.
(Dollars are in thousands, except share information.)
2022
2021
Net sales
$ 1,113,000
$ 1,119,100
Net income (loss)
76,351
63,425
Total assets
855,338
838,078
Share
information
Shares outstanding at year-end
68,500,000
70,320,000
Preferred dividends
0
0
Question 3 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Suppose the following information is available for Callaway Golf Company for the years...
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 2021 $ 1,118,000 $ 1,125,100 Net sales Net income (loss) 59,262 75,864 838,078 Total assets 855,338 Share information Shares outstanding at year-end 64,500,000 66,300,000 Preferred dividends There were 73,140,000 shares outstanding at the end of 2020. (a) What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 2022:...
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except shar information.) 2022 2021 Net sales $1,129,000 $1,136,000 Net income (loss) 84.462 70,965 Total assets 855,338 838,078 Share information Shares outstanding at year-end 69,500,000 71,270,000 Preferred dividends There were 78,130,000 shares outstanding at the end of 2020. What was the company's earnings per share for each year? (Round answers to 2 decimal places, s. 15.25) 2022: $ 2021: $
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 $1,114,000 87,510 855,338 2021 $1,120,100 61,820 838,078 Net sales Net income (loss) Total assets Share information Shares outstanding at year-end Preferred dividends 72,000,000 0 73,850,000 0 There were 80,700,000 shares outstanding at the end of 2020, (a) What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.)
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