Return on common stockholders equity = (Net income - Preferred dividends)/Common stockholders equity = (31,000-4200)/160,000 = 16.8% Option C |
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Assume that all balance sheet amounts for Sheridan Company represent average balance figures. Stockholders' equity-comm...
Question 7 Assume that all balance sheet amounts for Crane Company represent average balance figures. $170000 220000 90000 Stockholders' equity-common Total stockholders' equity Sales Net income Number of shares of common stock Common stock dividends Preferred stock dividends 28000 8000 9000 2500 What is the return on common stockholders' equity for Crane? O 9.7% O 15.0% O 11.2%
Company Assume that a balance sheet The following information pertains to Band amounts represent average balance figures Total assets Stockholders' equity common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common dividends Preferred dividends $300,000 150,000 200,000 100.000 25.000 6.000 5.000 7,000 22. What is the return on common stockholders' equity ratio for Benedict? a 16.7% b. 12.0% c. 13.3% d. 9.0% 23. The following information pertains to Marsh Company. Assume that all balance sheet...
The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Also assume that all balances are normal balances. Total assets - $300,000 Stockholders' equity-common - $150,000 Total stockholders' equity - $200,000 Sales - $100,000 Net income - $25,000 Number of shares of common stock outstanding - 6,000 Common stock dividends declared and paid - $6,000 Preferred stock dividends declared and paid - $4,000 What is the payout ratio for Greenwich? 40% 24% O...
The following information pertains to Marsh Company. Assume that all balance sheet 20. amounts represent average balance figures. Total asset $400,000 Stockholders' equity-common 200,000 Total stockholders' equity 280,000 Sales revenue 120,000 Net income 30,000 Number of shares of common stock 8,000 6,000 Common dividends Preferred dividends 4,000 What is Marsh's payout ratio? 33.3% a. b. 20.0% 13.3%. C. d. 5.0%
24. The following information pertain amounts represent average balance figures nation pertains to Benedict Company Assume that all balances balance sheet Total assets $300,000 Stockholders' equity-common 150,000 Total stockholders' equity 200,000 Sales revenue 100.000 Net income 25,000 Number of shares of common stock 6,000 Common dividends 5.000 Preferred dividends 7,000 What is the return on common stockholders' equity ratio for Benedict? a. 16.7% b. 12.0% c. 13.3% d. 9.0% 25. All of the following are normally found in a corporation's...
The following information pertains to Vaughn Manufacturing. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 47500 Accounts receivable (net) 35600 Inventory 27900 Property, plant and equipment 210000 Total Assets $321000 Liabilities and Stockholders’ Equity Current liabilities $ 52900 Long-term liabilities 80300 Stockholders’ equity—common 187800 Total Liabilities and Stockholders’ Equity $321000 Income Statement Sales revenue $128160 Cost of goods sold 60520 Gross margin 67640 Operating...
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The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments 50,000 Accounts receivable (net) 50,000 Inventory 23,000 Property, plant, and equipment 308,000 Total assets 431,000 Liability and Stockholders’ Equity Current liabilities 75,000 Long-term liabilities 120,000 Stockholders’ equity – common 236,000 Total Liabilities and Stockholders’ Equity 431,000 Income Statement Sales 265,000 Cost of goods sold 89,000 Gross profit 176,000 Operating Expenses 80,000 Net...
The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments 80,000 Accounts receivable (net) 30,000 Inventory 26,000 Property, plant, and equipment 300,000 Total assets 436,000 Liability and Stockholders’ Equity Current liabilities 81,000 Long-term liabilities 100,000 Stockholders’ equity – common 255,000 Total Liabilities and Stockholders’ Equity 436,000 Income Statement Sales 230,000 Cost of goods...
The following information pertains to Swifty Corporation. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 50300 Accounts receivable (net) 39200 Inventory 23200 Property, plant and equipment 226000 Total Assets $338700 Liabilities and Stockholders’ Equity Current liabilities $ 60000 Long-term liabilities 95000 Stockholders’ equity—common 183700 Total Liabilities and Stockholders’ Equity $338700 Income Statement Sales revenue $97000 Cost of goods sold 71800 Gross profit 25200 Operating...