Grouper inc presented the following dataNet income$2.740.000Preferred stock 45.000 shares outstanding $100 par, cumulative, not convertible4.500.000Common stock Shares outstanding 1/1714.000hsued for cash S/1291400Acuired treaury stock for cash 1135.4002-for-1 stock split. 10o/1Compute eanings per share Roundansert decimal pla.es 255)Earnings per share

Weighted average no. of common shares outstanding = [Beginning shares + shares issued on May 1 x…

Answered: Groper inc presented the following data…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject-accounting
The following represents the stockholder’s equity account of Security Data Company: 0 R Preferred stock R200,000 Common stock (R4 par) R200,000 Paid-in capital in excess of par R350,000 Retained earnings R350,000 Total stockholder’s equity ######## Additional information provided: Current share price R40 Earning Available to Common Shareholders (EACS) R120,000 The firm is considering a 5% stock dividend. A. Rework the stockholder’s equity account for Security Data Company should the firm decide to implement the stock dividend. Current New Preferred stock R200,000 [0,5] Common stock (R4 par) R200,000 [1] Paid-in capital in excess of par R350,000 0 [1] Retained earnings R350,000 [1] Total stockholder’s equity ######## 0.5
If C CORP. had 3,518,000 shares of common stock outstanding when it paid dividends last year, how much did it pay in dividends? Click the icon to view the portion of Stock Exchange Listing. Data table TERE AL shares of common stock Quistenalleg when it bald dividends last year now much did it pay in dividend Portion of Stock Exchange Listing Name A CORP BLID C CORP DLTD. E CORP. Symbol Open High 30.6 31.24 28.14 28.57 48.6 49.07 14.35 14.58 23.76 24.3 A B C D E CIDO 994,770 32.9. 270,400 28.87 19.4 16.11 Low Close Net Chg %Chg Volume 52 Wk High 52 Wk Low Div 30.5 31.12 0.58 1.9 1 0.6 1.11. 0.97 1,598,100 50.33 25.3 27.67 28.42 0.28 48.52 28.42 0.29 13.92 14.51 0.16 23.62 24.03 0.23 54,900 16.55 12.6 570,711 27.45 17.95 Print Done Yield P/E Ytd % Chg 24 6.6 14 25.1 52.1 -6.1 172-9.2 yove THE 0.48 1.7 1.48 3
The company capital structure consist of debt 340000 @ 4.05%, common stock 40% of preferred stock @ 9.09% and preferred stock 400000 @ 19.50%, calculate company’s weighted average cost of capital. Select one: a. 12.50% b. 11.79% c. 14.98% d. None of the option e. 13.15%
ABP signment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress=false Calculator Alliance Corp. issues 2,370 shares of $12 par value common stock at $15 per share. When the transaction is recorded, what credit entry or entries are made? Select the correct answer. Common Stock $35,550. Common Stock $7,110 and Retained Earnings $28,440. Common Stock $28,440 and Paid-in Capital in Excess of Par Value $7,110. Common Stock $28,440 and Paid-in Capital in Excess of Stated Value $7,11o. 4:03 PM
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The following share dividends were declared and distributed by Ivy Company: % of Ordinary Share Outstanding Market Value Par Value 10 315,000 210,000 25 840,000 630,000 How much should be debited to Retained Earnings at the time of declaration?
The Investments and Dividends Income accounts of Babe Time Company are shown below: Trading Securities Date Description Ref. Debit Credit 06/22/14 5,000 ordinary shares, par value P100, Bebe Co. CD – 28 520,000 12/31/14 Adjustment to fair value 80,000 05/31/15 500 shares Bebe Co. received as bonus issue GJ – 10 12,000 07/10/15 Sold 1,000 shares @ P130 net of transaction cost CR – 21 130,000 12/04/15 Sold 1,000 shares @ P140 CR – 40 140,000 Dividend Income Date Description Ref. Debit Credit 05/31/15 Bonus issue (stock dividend) GJ – 10 12,000 08/01/15 Cash dividend on Bebe Co ordinary shares CR – 22 22,500 The following information was obtained during your examination: The December 31, 2014 statement of financial position of Babe time Company showed, among current assets, Trading Securities of P600,000. You obtained the following…
P14-11M (change the current market price to $29 per share and the dividend percentage to 7.5% Cost of Preferred Stock Par value Current market price Dividend rate Dividend dollars Cost of Preferred Stock BO
Refer to the following The stockhokiers equity secton of Peter CorDOBIDNS MA ce sheet at December 31 20OX2 was as Hollows Ordinary shares(P10 par vae ckessc0.n. shares, Issued adoulstandnj 9000rac Share premium Relained eamngs On January 2. 20x3 Peler puchased ard aler relirement of tese 100OC0 ccounts shoud se Share pren . Ro d 900,000 P1300,000 P1,900,000 P1300,000 000008 d 000'007 P1,400,000 P 800 000
At Dec.31,2020 X company has following Balances #of Shares Share Capital of OS $500,000 at par value of $10per share 50,000 Share Capital of PS $100,000 at par value $100 per share 1000 Retained Earning$200,000 PS has a right in 5% interest not cumulative and not participating compute Book Value (BV) per share

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Groper inc presented the following data Net inome $2.7000 Pretemed stock 45.000 hares outstanding $100 par ecumulativenot convertible 4.500,000 Comonsck Sharesutanding1 714000 ed for cah S 291600 Acdtrystock for cah 24or istack split. o Computein er share Rndan cimlpla 2ss Eaning per share