The board of directors of Kendall Co. declared cash dividends totaling $390,000 during the current year. The comparative balance sheet indicates dividends payable of $58,000 at the beginning of the year and $73,000 at the end of the year. What was the amount of cash dividends paid during the year?

At the beginning of the current fiscal year, the balance sheet for Davis Company showed liabilities of $480,000. During the year, liabilities decreased by $27,000, assets increased by $97,500, and paid-in capital increased from $45,000 to $288,000. Dividends declared and paid during the year were $37,500. At the end of the year, stockholders' equity totaled $643,500. Required: a. Calculate net income (or loss) for the year. Indicate the financial statement effect. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Calculate net income (or loss) for the year. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Beginning: Changes: Changes: Ending: Assets $ 466,200 = 97,500 = = $ 511,700 = Liabilities $ 480,000 + (27,000) $ 453,000 + $ Stockholders' Equity RE PIC 45,000 + 243,000 + $ $288,000 + $

A company's calendar-year financial data are shown below. The company had total assets of $339,000 and total equity of $144,400 for the prior year. No additional shares were issued during the year. The December 31 market price per share is $49.50. Cash dividends of $19,500 were paid during the year. Calculate the following ratios for the company: (a) Profit margin ratio. (b) Retum on total assets. (c) Return on ordinary shareholders' equity. (d) Basic earnings per share. (e) Price earnings ratio. (f) Dividend yield. Net sales Cost of goods sold..... Gross profit..... Operating expenses Operating income Interest expense Income before taxes Income taxes. Net profit www***** Accounts receivable (net). Inventory..... Property, plant and equipment (net) . Total assets Current liabilities. Long-term notes payable .…..... Share Capital: $5 par value Retained earnings...... Total liabilities and equity. $650,000 422,500 $227,500 140,500 $ 87,000 9,100 $77,900 23,400 $ 54,500 Ending Balances $…

Dear Bartleby, could you please assist me with solving this question and please provide the calculations, thank you. Assume that Ellis Inc. reported basic earnings per share and cash dividends per share of $3.00 and $1.20, respectively, for Year 1 and that in Year 2, the firm had a 2-for-1 stock split. In the annual report for Year 2, earnings per share (EPS) and dividends per share (DPS) for Year 1 should be reported as: