Homework Answers
EPS = earnings available to common stock holders/ weighted average number of common stock outstanding
earnings available to common stock holders =net income - preferred dividends = 295,000 - 20,000 = 275,000
EPS = 275,000/100,000 = 2.75 per share
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The following information is available for Hildebrand Corporation: Dividends paid to common stockholders Dividends paid to...
This financial Information is available for Sunland Corporation. Average common stockholders' equity Dividends paid to common...
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This financial information is available for Klinger Corporation. The weighted-average number of shares of common stock...
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Sheridan Corporation had net income of $204000 and paid dividends to common stockholders of $41000 in...
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Income before extraordinary item $6,000,000 Less: Preferred stock dividends 100,000 Income available to common stockholders $5,900,000...
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Lee Corp. had 400,000 weighted average common shares outstanding in 2020 and 10,000 weighted average preferred...
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This financial Information is available for Sunland Corporation. Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net Income Market price of common stock 2020 $1,755,000 84,000 22,000 286,500 21 2019 $2,100,000 72,000 22,000 243,000 The weighted average number of shares of common stock outstanding was 176,500 for 2019 and 147,500 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2 decimal places, e.g. 10.50%...
Exercise 14-16 This financial information is available for Crane Corporation. 2020 Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock $1,780,000 90,500 19,500 294,500 2019 $1,900,000 68,000 19,500 240,500 23 The weighted average number of shares of common stock outstanding was 175,500 for 2019 and 146,500 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2 decimal places,...
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