Skysong, Inc. had net income of $1601000 and paid dividends to common stockholders of $320200 in...
Skysong, Inc. had net income of $1601000 and paid dividends to
common stockholders of $320200 in 2022. The weighted average number
of shares outstanding in 2022 was 960600 shares. Skysong, Inc.'s
common stock is selling for $60 per share on the NASDAQ. Skysong,
Inc.'s payout ratio for 2022 is
5%.
17%.
$5 per share.
20%.
Homework Answers
Payout ratio=Dividends to common stockholders/Net income
=320200/1601000
which is equal to
=20%
Add Answer to:
Skysong, Inc. had net income of $1601000 and paid dividends to
common stockholders of $320200 in...
Whispering Winds Corp. had net income of $1618000 and paid dividends to common stockholders of $404500...
Whispering Winds Corp. had net income of $1618000 and paid dividends to common stockholders of $404500 in 2022. The weighted average number of shares outstanding in 2022 was 566300 shares. Whispering Winds Corp.common stock is selling for $30 per share on the NASDAQ. Whispering Winds Corp.price-earnings ratio is 10.5 times. 8.0 times. 2.9 times. 4.0 times.
Sheridan Corporation had net income of $204000 and paid dividends to common stockholders of $41000 in...
Sheridan Corporation had net income of $204000 and paid dividends to common stockholders of $41000 in 2017. The weighted average number of shares outstanding in 2017 was 50000 shares. Sheridan Corporation's common stock is selling for $61.20 per share on the New York Stock Exchange. Sheridan Corporation's price-earnings ratio is
Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It...
Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $35 per share. The price-earnings ratio is a. 14 times b. 5 times c. 7 times d. 2 times
On January 1, 2022, Skysong, Inc. had these stockholders’ equity balances. Common Stock, $1 par (2,700,000...
On January 1, 2022, Skysong, Inc. had these stockholders’ equity balances. Common Stock, $1 par (2,700,000 shares authorized, 705,000 shares issued and outstanding) $705,000 Paid-in Capital in Excess of Par Value 1,430,000 Retained Earnings 684,000 Accumulated Other Comprehensive Income 47,000 During 2022, the following transactions and events occurred. 1. Issued 45,500 shares of $1 par value common stock for $2 per share. 2. Issued 60,500 shares of common stock for cash at $5 per share. 3. Purchased 23,700 shares of...
Windsor, Inc. had net income of $98800 and paid dividends of $42000 to common stockholders and...
Windsor, Inc. had net income of $98800 and paid dividends of $42000 to common stockholders and $19500 to preferred stockholders in 2020. Windsor, Inc.’s common stockholders’ equity at the beginning and end of 2020 was $891000 and $1150000, respectively. Windsor, Inc.’s payout ratio for 2020 was a. 43.10 b. 4.20 c. 14.50 d. 42.51
12. Richards Corporation had net income of $273.600 and paid dividends to common stockholders of $46,100....
12. Richards Corporation had net income of $273.600 and paid dividends to common stockholders of $46,100. It had 60,000 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $66 per share. The price-earnings ratio (rounded to two decimal places) is a.15.67 times 273, 6oo - 16,100/49,000 ERS b.15.97 times c.13.48 times PE 66/3.71 d.14.47 times
30) paid dividends to common stockholders of $400,000 in 2020. The weighted average number of shares...
30) paid dividends to common stockholders of $400,000 in 2020. The weighted average number of shares outstanding in 2020 was 600,000 shares. Ale Corporation's common stock is selling for $82 per share on the New York Stock Exchange. Ale Corporation's price-earnings ratio is 3.2 times. Ale Corporation had net income of $2,040,000 and а. 16.0 times. b. 19 times. с. 12.7 times. d.
The following information is available for Hildebrand Corporation: Dividends paid to common stockholders Dividends paid to...
The following information is available for Hildebrand Corporation: Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Weighted average common shares outstanding $45,000 20,000 295,000 100,000 Compute the earnings per share of common stock. (Round answer to 2 decimal places, e.g. 10.50,) Earnings per share Qu
uestions uestions saved Question 23 (1.66 points) 3 Bertram Corporation had net income of $325,000 and...
uestions uestions saved Question 23 (1.66 points) 3 Bertram Corporation had net income of $325,000 and paid dividends to common stockholders of $50,000 in 2014. The weighted average number of shares outstanding in 2014 was 50,000 shares. Bertram Corporation's common stock is selling for $45.50 per share on the New York Stock Exchange. Bertram Corporation's payout ratio for 2014 is 1) $6.5 per share. 2) 18%. 3) 15.4%. 4) 40%. Save Question 24 (1.66 points) Chodron Corporation had net credit...
Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000...
Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000 Average stockholders' equity Average common stockholders' equity 3,800,000 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. (Round percentages to one decimal place.) a. Return on stockholders' equity b. Return on common stockholders' equity Earnings per Share and Price Earnings Ratio A company reports the following: Net income $410,000 Preferred dividends $60,000 Shares of common stock outstanding 50,000...
Whispering Winds Corp. had net income of $1618000 and paid dividends to common stockholders of $404500 in 2022. The weighted average number of shares outstanding in 2022 was 566300 shares. Whispering Winds Corp.common stock is selling for $30 per share on the NASDAQ. Whispering Winds Corp.price-earnings ratio is 10.5 times. 8.0 times. 2.9 times. 4.0 times.
12. Richards Corporation had net income of $273.600 and paid dividends to common stockholders of $46,100. It had 60,000 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $66 per share. The price-earnings ratio (rounded to two decimal places) is a.15.67 times 273, 6oo - 16,100/49,000 ERS b.15.97 times c.13.48 times PE 66/3.71 d.14.47 times
30) paid dividends to common stockholders of $400,000 in 2020. The weighted average number of shares outstanding in 2020 was 600,000 shares. Ale Corporation's common stock is selling for $82 per share on the New York Stock Exchange. Ale Corporation's price-earnings ratio is 3.2 times. Ale Corporation had net income of $2,040,000 and а. 16.0 times. b. 19 times. с. 12.7 times. d.
The following information is available for Hildebrand Corporation: Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Weighted average common shares outstanding $45,000 20,000 295,000 100,000 Compute the earnings per share of common stock. (Round answer to 2 decimal places, e.g. 10.50,) Earnings per share Qu
uestions uestions saved Question 23 (1.66 points) 3 Bertram Corporation had net income of $325,000 and paid dividends to common stockholders of $50,000 in 2014. The weighted average number of shares outstanding in 2014 was 50,000 shares. Bertram Corporation's common stock is selling for $45.50 per share on the New York Stock Exchange. Bertram Corporation's payout ratio for 2014 is 1) $6.5 per share. 2) 18%. 3) 15.4%. 4) 40%. Save Question 24 (1.66 points) Chodron Corporation had net credit...
Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000 Average stockholders' equity Average common stockholders' equity 3,800,000 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. (Round percentages to one decimal place.) a. Return on stockholders' equity b. Return on common stockholders' equity Earnings per Share and Price Earnings Ratio A company reports the following: Net income $410,000 Preferred dividends $60,000 Shares of common stock outstanding 50,000...
Most questions answered within 3 hours.
-
Consider the competitive environment of Starbuck's, Progressive
Insurance, a manufacturing firm with low turnover, or a...
asked 33 minutes ago -
3. Gains from trade
Consider two neighbouring island countries called Euphoria and
Contente. They each have...
asked 2 hours ago -
A business executive has the option to invest money in two
plans: Plan A guarantees that...
asked 4 hours ago -
Hello, can someone please help me answer this question?
How much heat is absorbed by a...
asked 4 hours ago -
. A marketing researcher conducted a survey of 25 shoppers
randomly selected at the local mall...
asked 5 hours ago -
Create an comprehensive response to the
following:
Antimicrobial agents work on a multitude of microbes (bacteria,...
asked 5 hours ago -
6.13 LAB: Step counter. Section 6.3.
A pedometer treats walking 2,000 steps as walking 1 mile....
asked 4 hours ago -
(14.2) A block of mass m = 10 kg riding on a frictionless
horizontal plane is...
asked 5 hours ago -
Use any search engine to search for articles about Starbucks
partnership with Tata Companies in India...
asked 5 hours ago -
Let’s say that for some reason Bank Excess Reserves suddenly
increase sharply. What effect would this...
asked 5 hours ago -
Given:
Curent Assets: $600,000
Total Assets: $2,600,000
Current Liabilities: $500,000
Total Liabilities: $1,700,000
What is the...
asked 5 hours ago -
1. What is a “Bankster”? What is insider trading? Why is it
illegal?
2. What is...
asked 5 hours ago