A firm reported the following financials for 2021: Sales revenue = $3,060 %3D Accounts receivables = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 %3D COGS = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 %3D The firm's EPS, rounded to the'nearest cent for 2021 was a. $0.5335 O b. $0.3024 O C. $0.5125 d. $0.3204
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- A firm reported the following financials for 2021: Sales revenue = $3,060Accounts receivables = $500Interest expense = $126Total operating expenses = $600Accounts payable = $240COGS = $1,800Dividend on preferred stock = $18Tax rate = 40%Number of common shares outstanding = 1,000 The firm's EPS, rounded to the nearest cent for 2021 wasA firm reported the following financials for 2021: Sales revenue = $3,060Accounts receivables = $500Interest expense = $126Total operating expenses = $600Accounts payable = $240COGS = $1,800Dividend on preferred stock = $18Tax rate = 40%Number of common shares outstanding = 1,000 The firm's EPS, rounded to the nearest cent for 2021 was a. $0.5335 b. $0.3024 c. $0.5125 d. $0.3204Shilling Company reports the following information for its fiscal year-end of March 31, 2019: Common stock, $0.01 par value per share $57 million? Paid-in capital in excess of par – Common. Retained earnings 400 million. Total stockholders’ equity $757 million 300 million.What is the total paid-in capital for Shilling Company on March 31, 2019? Select one: a. $357 million b. $57 million c. $300 million d. $757 million
- The following information is provided for Apolis Inc. Total common stockholders' equity on Dec. 31, 2020 $302,000 Total common stockholders' equity on Dec. 31, 2019 $288,000 Sales, 2020 $165,000 Total assets $605,000 Common shares outstanding, 2020 Dividends declared and paid, 2020 Market price per share, Dec. 31, 2020 If the payout ratio is .20, what is the return on equity? Select one: O O O a. 0.10 b. 0.09 c. 0.08 d. 0.07 « Previous 50,000 $6,000 $21 Save AnswersGM has the following balances at Dec31,2021: Operating Assets $ 1,200,000 Financial Assets 800,000 Operating Liabilities 200,000 Financial liabilities 1,400,000 Operating Income 200,000 Tax Rate % 40 Net Income 110,000 Preferred Stock dividends 10,000 Required: Calculate the following (use 2021 ending balances only): Return on Net Operating Assets – RNOA Return on Common Equity – ROCE Justify and analyze your findings in required (1)The following data is available for the years ended 2020 and 2021 for Bunting Company. 2021 2020 Common shares outstanding 120,000 110,000 (same shares for 2019 as 2020) Preferred shares outstanding 25,000 25,000 Common shares dividends $48,000 $37,400 Preferred shares dividends $12,500 $12,500 Net income $436,850 $310,600 Market price per share 45.5 40.9 a. Calculate the market ratios for 2021 in the table to the right b. Calculate the market ratios for 2020 in the table to the right
- Shilling Company reports the following information for its fiscal year end of March 31,2019:Common stock, $0.01 par value per share $57 millionPaid-in capital in excess of par - CommonRetained earnings 400 millionTotal stockholders' equity $757 million300 millionWhat is the total paid-in capital for Shilling Company at March 31, 2019?a. $57 millionb. $300 millionc. $357 milliond. $757 millionThe financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 Sales $ 9,843 $ 10,934 Net income $ 280 $ 798 Stockholders' equity $ 1,710 $ 2,290 Average Shares outstanding (in millions) 665 - Dividends per share $ 0.38 - Stock price $ 8.50 - Required:Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)The equity portion of the balance sheet for BusFinance Inc. for the year 2022 is shown in the table below. If the stock price of BusFinance Inc. is $25 per share, calculate the market to book ratio. Equity Portion of BusFinance Inc. Balance Sheet, 2022 Common stock ($0.25 par) $2,500,000 Capital surplus $4,000,000 Retained earnings $3,555,000
- The Financial controller at Think Inc. is currently preparing the calculation for earnings per share and the related disclosure for the firm's financial statements. The following information has been extracted from the firm's financial statements for the fiscal year ended June 30, 2021. * Share capital - preference, 6% cumulative, $50 par value, 100,000 shares authorized, 25,000 shared issued and outstanding $1,250,000 * Share capital - ordinary, $1 par, 10,000 shares authorised, 1,000,000 shares issued outstanding $1,000,000 * Share premium - ordinary (includes any amounts for options and conversations) - $4,000,000 * Retained earnings - $6,000,000 * Notes payable, 10% - $1,000,000 * Convertible bonds payable - $5,000,000 * 10% bonds payable - $6,000,000 The following transactions have also occurred at Think. Options were granted on July 1, 2020, to purchase 200,000 shares at $15 per share. Although no options were exercised during the fiscal year 2021, the average price per ordinary…You have been supplied with the following data for Jazz Limited and its industry averages. Balance Sheet March 31, 2020 Assets: Cash Liabilities and Equity: Accounts Payable Accrued expenses Other current liabilities 12.300 31,500 Accounts Receivable Merchandise Inventory Plant and Equipment 36,000 60,800 1,200 26,000 Long-term debt 10% Preference share capital Ordinary share capital Retained Earnings 151,000 34,000 40,000 100,000 27,400 Total Assets P260,100 Total Liabilities and Equity P260,100 Income Statement March 31, 2020 Sales 225,000 Less: Cost of goods sold Selling expenses Administrative expenses Research and development exp. Interest expense Earnings before taxes Less: Income tax (35%) Net income 152,500 29,500 14,800 6,500 2.900 206,200 18,800 6.580 12.220 5,000 Dividends paid to equity holders Financial Ratios of Company Current ratio Stock turnover Collection period Debt to Equity Interest coverage ratio Asset turnover Financial Ratios of industry 2.2 2.8 times 56 days…Below is Company A's balance sheet at the end of 2022. Assume that Company A issues 25 shares of common stock and 1 share of preferred stock. What is the earnings per share of Company A? 2022 AmountNet sales$1,000.0Variable operating costs 770.0Fixed operating costs 50.0Depreciation and amortization 50.0Interest30.0Taxes20.0Preferred dividends5.0Common dividends25.0 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.