Homework Answers
| Answer: $2.38 | |
| Calculation: | |
| EPS = Net income available to common stock holders/Average common shares outstanding = 38000/16000 = | $ 2.38 |
Year 2019 2018 2017 2016 2015 Earnings per share $3.85 $4.89 $4.64 $2.38 $4.92 Year 2014...
Year 2019 2018 2017 2016 2015 Earnings per share $3.85 $4.89 $4.64 $2.38 $4.92 Year 2014 2013 2012 Earnings per share $3.77 $1.07 $1.65 - $1.58 $0.47 2011 2010 Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table: . a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, what would be the annual...
Problem #7 - Earnings Per Share (10 points) In 2017, Esther Corporation reported net income of...
Problem #7 - Earnings Per Share (10 points) In 2017, Esther Corporation reported net income of $500,000. It declared and paid preferred stock dividends of $180,000 and common stock dividends of $60,000. During 2017, Esther had a weighted average of 250,000 common shares outstanding. Compute Esther's 2017 earnings per share. Earnings Per Share = B. Norling Corporation reports the following information: Net income $850,000 Dividends on common stock $210,000 Dividends on preferred stock $ 90,000 Weighted average common shares outstanding...
Requirement 1h. Compute the earnings per share of common stock for 2018 and 2017. Begin by...
Requirement 1h. Compute the earnings per share of common stock for 2018 and 2017. Begin by selecting the formula to compute the earnings per share of common stock. Earnings per share = (Net income - Preferred dividends) / Weighted average number of common shares outstanding Now, compute the earnings per share for 2018 and 2017. (Round your answers to the nearest cent, $X.XX.) 2018: 2017: Banfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 2016* Assets Current...
Reading an income statement Calculating Earnings and Dividends per share: U S Corporation 2017 Income Statement...
Reading an income statement Calculating Earnings and Dividends per share: U S Corporation 2017 Income Statement ($ in millions) Net sales $1,509 Cost of goods sold 750 Depreciation 65 Earnings before interest and taxes $ 694 Interest paid 70 Taxable income $ 624 Taxes (34%) 212 Net income $ 412 Dividends $ 103 Addition to retained earnings 309 Suppose U S had 200 million shares outstanding at the end of 2017. Based on the income...
Through the effects of financial leverage, when EBIT increases, O earnings per share will decrease O...
Through the effects of financial leverage, when EBIT increases, O earnings per share will decrease O earnings per share will increase O fixed operating costs will decrease O fixed operating costs will increase
50 In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock...
50 In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six times higher than the Clorox stock price. The most likely explanation for that difference is that □ Clorox is bad for the environment O Amazon has more shares of stock outstanding DAmazon is a riskier company O investors see better long-term prospects for Amazon
Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following tabl...
Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table:. a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, what would be the annual dividend for 2017? b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive...
National City Corporation, a bank holding company, reported earnings per share (E0) of $2.40 in 2017,...
National City Corporation, a bank holding company, reported earnings per share (E0) of $2.40 in 2017, and paid dividends per share of $1.06 (D0) in 2017. The earnings were expected to grow 6% (g=6%) annually in the long term. The stock had a beta of 1.05. The risk free rate was 4% and the expected market return was 12%. Estimate the justified leading and trailing P/E Ratios for National City Corporation.
(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal...
(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Earnings per share (b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2017 2016 Current ratio :1 :1 Debt to assets ratio % % (c) Compute free cash flow for each year. 2017 2016 Free cash flow $ Current Attempt in Progress The following information is available...
III. The average population earnings per share for financial service corporations, such as American Express, E...
III. The average population earnings per share for financial service corporations, such as American Express, E * Trade Group, Goldman Sachs and Merril Lynch, were $ 3 (Business Week, August 14, 2000). In 2001, the following earnings data per share was obtained for a sample of 10 financial services corporations: 1.92 2.16 3.63 3.16 4.02 3.14 2.20 2.34 3.05 2.38 Perform the analysis required to determine if the average population earnings per share in 2001 differ from the three dollars...
Year 2019 2018 2017 2016 2015 Earnings per share $3.85 $4.89 $4.64 $2.38 $4.92 Year 2014 2013 2012 Earnings per share $3.77 $1.07 $1.65 - $1.58 $0.47 2011 2010 Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table: . a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, what would be the annual...
Problem #7 - Earnings Per Share (10 points) In 2017, Esther Corporation reported net income of $500,000. It declared and paid preferred stock dividends of $180,000 and common stock dividends of $60,000. During 2017, Esther had a weighted average of 250,000 common shares outstanding. Compute Esther's 2017 earnings per share. Earnings Per Share = B. Norling Corporation reports the following information: Net income $850,000 Dividends on common stock $210,000 Dividends on preferred stock $ 90,000 Weighted average common shares outstanding...
Through the effects of financial leverage, when EBIT increases, O earnings per share will decrease O earnings per share will increase O fixed operating costs will decrease O fixed operating costs will increase
50 In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six times higher than the Clorox stock price. The most likely explanation for that difference is that □ Clorox is bad for the environment O Amazon has more shares of stock outstanding DAmazon is a riskier company O investors see better long-term prospects for Amazon
Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table:. a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, what would be the annual dividend for 2017? b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive...
(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Earnings per share (b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2017 2016 Current ratio :1 :1 Debt to assets ratio % % (c) Compute free cash flow for each year. 2017 2016 Free cash flow $ Current Attempt in Progress The following information is available...
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