The average stockholder's equity for Stan Company was P 2M. Included in this figure is P 200,000 par value of 8% preferred stock which remained unchanged during the year. The return on common shareholder's equity was 12.5% during the year. How much was the net income for the year?

Q: Theodore Company has 100,000 shares of P10 par value common stock issued and outstanding. Total…

A: Price-earnings ratio = Market value per share / Earnings per share where, Earnings per share = (Net…

Q: The balance sheet for Bearing Industries Inc. at the end of the current fiscal year indicated the…

A: Since multiple sub-parts are posted, as per the guidelines only the first three sub-parts will be…

Q: Longmont Corporation earned net income of $86,000 this year. The company began the year with 600…

A: Formula: Earnings per share = Earnings available for Common Stockholders’/ Weighted Average number…

Q: A company had 15,000 shares outstanding at the beginning of the year. During the year, the company…

A: Value of stock dividend = No. of shares outstanding x stock dividend rate x market price per stock…

Q: What is Jupiter Corporation’s weighted average number of shares for the year?

A: Answer:   975

Q: For the year 201B, ABC Company's return on common stockholders' equity was 12.5%. Its average…

A: Return on common stockholders' equity indicates the rate of earning of commons stockholders on their…

Q: Cases Unlimited reported operating income of $780,000, interest expense of $120,000, and net income…

A: Time interest earned ratio means the number of times a company is earing profits as compared to…

Q: National Company's net income last year was P500,000. The company has 150,000 shares of common stock…

A: Solution..   Total preferred dividend paid  = Total preferred shares * preferred dividend per share…

Q: During Year 3, Blue Ridge Corporation reported after-tax net income of $4,150,000, During the year,…

A: Dividend yield = Dividend per share to common stockholders / Market price per share

Q: The net income of a company for the year was $570,000. The company has no preferred stock. Common…

A: Return on stockholder’s equity refers to the ratio of net income to average stockholder’s equity.

Q: Junkyard Arts, Inc., had earnings of $172,300 for the year. The company had 23,000 shares of common…

A: Earnings per share refer to the amount earned by each stockholder. This can be identified by…

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Common Stock dividend Yield = Common Dividend/ Market Price of Common Share

Q: Brunleigh Corporation earned net income of $200,000 this year. The company began the year with…

A: Formula: Weighted average number of shares = Number of shares issued x Time period

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Common stock dividend yield = Dividend per common stock / Markrt price per common share

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Formula;Dividend yield=Dividend per common shareMarket price per common share

Q: The following information was taken from the financial statements of Tolbert Inc. for December 31 of…

A: Given the following information: Common stock, $10 par value (no change during the year):…

Q: National Company's net income last year was P75,000. The company paid preferred dividends of P12,000…

A: Calculate the income available to the common stockholders' by deducting the preferred dividends…

Q: Longmont Corporation earned net income of $85,000 this year. The company began the year with 700…

A: Formula: EPS = ( Net income - Preferred dividend)  / ( Outstanding common shares )

Q: On June 30, Setzer Corporation had a market price of $46 per share of common stock. For the previous…

A: Dividend yield = Annual dividend/Market price

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2…

A: Year 1 Year 2 Net Income $35000 $55000 Less: Preferred stock dividends 3000 3000 Earnings…

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Dividend is the return or profit for the common stockholders. It is the cost for the firm. Stock…

Q: PickApart Arts, Inc., had earnings of $565,300 for the year. The company had 55,000 shares of common…

A: Preferred dividend = No. Od preferred stock x dividend per share = 23000 shares x $2.10 per share =…

Q: Per share market price of Far Eastern Co. stock on January 1, 19x8 was P60 and on December 31, 19x8…

A: Answer: c) 11 to 1 The price earning (PE) ratio indicate the relationship between market price per…

Q: During Year 3, Finch Corporation reported after-tax net income of $3,645,000. During the year, the…

A: Answer a) Calculation of Earnings per share Earnings per share = Earnings available for common…

Q: Jupiter Corporation earned net income of $90,000 this year. The company began the year with 600…

A: EPS = (Net income - Preferred dividend)/Weighted average number of shares Numerator = Net income -…

Q: Junkyard Arts, Inc., had earnings of $316,000 for the year. The company had 40,000 shares of common…

A: Earnings per share (EPS): The amount of net income available to each shareholder per common share…

Q: On June 30, Setzer Corporation had a market price of $100 per share of common stock. For the…

A: Dividend yield: This is the ratio which measures the amount of dividends paid relative to the market…

Q: The following information was taken from the financial statements of Tolbert Inc. for December 31 of…

A: (a)Calculate EPS:

Q: The following information was taken from the financial statement of Fox Resources for December 31 of…

A: No. of common stock = Total Value/Face value = $5,000,000/$20 = 250000 shares

Q: Junkyard Arts, Inc., had earnings of $543,200 for the year. The company had 48,000 shares of common…

A: Basic earnings per share = Net income available to common stockholders/Number of common stock…

Q: On June 30, Rae Corporation had a market price of $100 per share of common stock. For the previous…

A: Dividend yield is expressed in percentage that depicts the percentage of dividend compared to…

Q: The following information was taken from the financial statements of Tolbert Inc. for December 31 of…

A: Given the following information: Common stock, $10 par value (no change during the year):…

Q: Jupiter Corporation earned net income of $214,209 this year. The company began the year with 4,714…

A: Weighted average no of share calculation To calculate weight shares  we have to consider shares at…

Q: Junkyard Arts, Inc., had earnings of $316,000 for the year. The company had 40,000 shares of common…

A: Calculate earnings per share:

Q: Livestone Company's net income last year was P371,000. The company has 100,000 shares of common…

A: Earning per share is calculated to determine the earnings available for the common stockholders from…

Q: St. Laurence reports the following data: Throughout the year, St. Laurence has outstanding 150,000…

A: When Preferred shares are cumulative , then dividend in arrears are to be paid to the preferred…

Q: James Corporation earned net income of $90,000 this year. The company began the year with 600 shares…

A: First, compute the weighted average common stock outstanding Weighted average common stock…

Q: National Company's net income last year was P500,000. The company has 150,000 shares of common stock…

A: Total preferred dividend paid = No. of preferred shares outstanding x dividend per share = 30000…

Q: During the year, 10 shares were reacquired at $11 per share. How much is the total stockholders'…

A: Treasury Stock - These Stocks are those which are repurchased by the company from the stockholders…

Q: Bastion Corporation earned net income of $200,000 this year. The company began the year with 10,000…

A: Earnings per share refer to the amount earned by each stockholder. This can be identified by…

Q: At the end of the accounting period, Houston Company had $8,000 of par value common stock issued,…

A: Stockholders equity include common stock, retained earning but does not include treasury stock.

Q: Los Altos, Inc., disclosed the following information in a recent annual report:   Year 1 Year 2…

A: The return on common stockholders' equity is the percentage measure of earnings available to common…

Q: Kliza Company's net income last year was P130,000. The company paid preferred dividends of P42,000…

A: Return on equity (ROE) refers to the evaluation of the profitability of a company through the…

Q: Given the following year-end information, compute Greenwood Corporation’s basic and diluted earnings…

A: A share represents in a firm is a unit of stock ownership. Dividends are distributed to shareholders…

Q: For the year, Peter Petroleum earned $2.1 million in net income. During the year, there were 1.05…

A: A stock is a type of instrument that denotes the holder's ownership stake in the listed firm and is…

Q: Longmont Corporation earned net income of $90,000 this year. The company began the year with 600…

A: Introduction: EPS : EPS stands for Earnings per share. It tells the profit earned on each…

Q: The following information was taken from the financial statements of Zeil Inc. for December 31 of…

A:

Q: Junkyard Arts, Inc., had earnings of $446,400 for the year. The company had 54,000 shares of common…

A: Junkyard earnings = $ 446400 Common stock outstanding = 54000 shares Number of preferred stock =…

Q: The following information was taken from the financial statements of Tolbert Inc. for December 31 of…

A: Given the following information: Common stock, $10 par value (no change during the year):…