Take me to the text Marry Inc. provided the following information from its accounting records for the years ended December 31, 2024 and 2023. 2024 2023 Income from continuing operations (net of tax) 802,000 781,000| Income from discontinued operations (net of tax) 104,000 140,000 Net income 906,000 921,000 Number of common shares outstanding throughout year 100,000 100,000 Beginning retained earnings Current liabilities Long-term liabilities 1,973,000 1,749,000 578,000 457,000 920,000 898,000 16 13 Market price per share Total dividends paid 450,000 329,000 No shares were issued or redeemed during the two years. The company has never issued any preferred shares. Common shares were sold for $1 per share. Calculate the following ratios for both years. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. EPS Dividend Payout Ratio Price-Earnings Ratio Book Value per Common Share 2024 2023
Take me to the text Marry Inc. provided the following information from its accounting records for the years ended December 31, 2024 and 2023. 2024 2023 Income from continuing operations (net of tax) 802,000 781,000| Income from discontinued operations (net of tax) 104,000 140,000 Net income 906,000 921,000 Number of common shares outstanding throughout year 100,000 100,000 Beginning retained earnings Current liabilities Long-term liabilities 1,973,000 1,749,000 578,000 457,000 920,000 898,000 16 13 Market price per share Total dividends paid 450,000 329,000 No shares were issued or redeemed during the two years. The company has never issued any preferred shares. Common shares were sold for $1 per share. Calculate the following ratios for both years. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. EPS Dividend Payout Ratio Price-Earnings Ratio Book Value per Common Share 2024 2023
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter3: Review Of A Company's Accounting System
Section: Chapter Questions
Problem 7E: Basic Income Statement The following are selected account balances of Rule Corporation at the end of...
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