Calculate EPS reported before stock split and stock dividend During the fiscal year ended September 30, 2020, Worrell Inc. had a 2-for-1 stock split and a 5% stock dividend. In its annual report for 2020, the company reported earnings per share for the year ended September 30, 2019, on a restated basis, of $1.20.

Spring Inc. reports the following information: Net income:  $750,000 Dividends on common shares:  $210,000 Dividends on preferred shares:  $90,000 Average number of common shares outstanding:  250,000 Spring Inc. should report earnings per share of:   Question 7 options:   $2.16   $1.80   $3.00   $2.64       In 2020, Big Mountain Inc. reported net income of $75,000, and declared and paid a dividend of $14,000.  The balance in the retained earnings account on December 31, 2020, was $86,000.  What was the opening balance in retained earnings on January 1, 2020?   Question 8 options:   $25,000   $147,000   $61,000   $86,000

Comparative Earnings per Share Lucas Company reports net income of $2,580 for the year ended December 31, 2019, its first year of operations. On January 4, 2019, Lucas issued 9,000 shares of common stock. On August 2, 2019, it issued an additional 4,200 shares of stock, resulting in 13,200 shares outstanding at year-end. During 2020, Lucas earned net income of $17,840. It issued 2,000 additional shares of stock on March 3, 2020, and declared and issued a 2-for-1 stock split on November 3, 2020, resulting in 30,400 shares outstanding at year-end. During 2021, Lucas earned net income of $29,184. The only common stock transaction during 2021 was a 20% stock dividend issued on July 2, 2021. If required, round your final answers to two decimal places. Required: 1. Compute the basic earnings per share that would be disclosed in the 2019 annual report. $ per share 2. Compute the 2019 and 2020 comparative basic earnings per share that would be disclosed in the 2020 annual report. 2020: $ per…

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 Answers

Texas, Inc. has net income for 2019 of $555,000. At January 1, 2019, the company had outstanding 54,000 shares of $75 par value common stock and 10,000 shares of 6%, $150 par value cumulative preferred stock. On September 1, 2019, an additional 18,000 shares of common stock were issued. What is the earnings per share for 2019 (to the nearest cent)? Select one: O O O A. $6.47 B. $9.26 C. $7.75 D. $6.66

Below is a company’s stock quote on March 1, 2021: Name Close Net Chg Div   P/E DSD 20.25 -.15 1.05   16 What is the company’s earnings per share (EPS)?

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he financial statements of Friendly Fashions include the following selected data (in millions):  ($ in millions except share data) 2021 2020 Sales $ 9,343 $ 10,434 Net income $ 230 $ 748 Stockholders' equity $ 1,760 $ 2,240 Average Shares outstanding (in millions)   640   - Dividends per share $ 0.33   - Stock price $ 8.10   -   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).)

On January 1, 2023, Sunland Ltd. had 498,000 common shares outstanding. During 2023, it had the following transactions that affected the common share account: Feb. 1 Mar. 1 May 1 June 1 Oct. 1 Issued 180,000 shares Issued a 10% stock dividend Acquired 195,000 common shares and retired them Issued a 2-for-1 stock split Issued 74,000 shares The company's year end is December 31. Determine the weighted average number of shares outstanding as at December 31, 2023. (Round answer to 0 decimal places, e.g. 5,275.) Weighted average number of shares outstanding eTextbook and Media Assume that Sunland earned net income of $3,164,460 during 2023. In addition, it had 110,000 of 8%, $100 par, non-convertible, non-cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2023. Calculate earnings per share for 2023, using the weighted average number of shares determined above. (Round answer to 2…

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