The December 31, 2013, balance sheet of Schism, Inc., showed $120,0 00 in the commonstock account and $2,120,000 in the additional paid-in surplus account. The December31, 2014, balance sheet showed $135,000 and $2,380,000 in the same two accountsrespectively. If the company paid out $135,000 in cash dividends during 2014. (Enteryour answer as directed, but do not round intermediate calculations.)Required:What was the cash flow to stockholders for the year? (Negative amount should beindicated by a minus sign.)Cash flow tostockholders

Equity infused upto 2013 = E2013 = Common stock balance2013 + additional paid in surplus account2013…

Answered: The December 31, 2013, balance sheet of…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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REQUIRED: What is the net income for the period?
The data shown below were taken from the financial records of Shahid Limited at the end of 2018. 1. Account Payable 50,000 2. Accrued Liabilities 33,000 3. Cash 32,000 4. Inventories (Jan 1,2018) 42,000 5. Inventories (Dec.31 2018) 38,000 6. Marketable Securities 10,000 7. Operating Expenses 120,000 8. Prepaid Expenses 25,000 9. Purchases (Net) 360,000 10. Accounts Receivable( Jan 1,2018) 61,000 11. Account Receivable (Dec.31,2018) 61,000 12. Long Term Loan 150,000 13. Plant Assets 400,000 14. Sales (All on Credit) 604,000 15. Sales Return 20,000 16. Retained Earnings 133,000 17. Share Capital (Rs. 10) ? 18. Market Price Per Share Rs. 18 Required: On the basis of above information computes the following. a) Current Ratio b) Quick Ratio c) Equity Ratio d) Debt Ratio e) Inventory Turnover f) Receivable Turnover g) Rate of Net Income on Sales h) Book value per share i) Days of operating cycle
APS Company issued 20,000 shares of $1 par common stock for $40 per share during 2017. The company paid cash dividends of $48,000, sold an old machine for $3000 and issued long-term notes payable of $440,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? $1.195,000 net cash inflow. $352,000 net cash inflow. $705,000 net cash outflow. $1,192,000 net cash inflow.
Madrid Company has provided the following data (ignore income taxes): 2014 revenues were $80,500. 2014 net income was $34,500. Dividends declared and paid during 2014 totaled $6,300. Total assets at December 31, 2014 were $223,000. Total stockholders' equity at December 31, 2014 was $130,000. Retained earnings at December 31, 2014 were $85,000. Which of the following is not correct?
Whispering Mining Company declared, on April 20, a dividend of $466,000 payable on June 1. Of this amount, $128,000 is a return of capital. Prepare the April 20 and June 1 entries for Whispering. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Apr. 20 June 1 Debit Credit
Super Grocers, Inc. provided the following financial information for the quarter ending September 30, 2016. Find the net cash flow from operating activites. Depreciation and amortization: $133,414 Net Income: $341,463 Increase in receivables: $112,709 Increase in inventory: $81,336 Increase in accounts payables: $62,411 Decrease in marketable securities: $31,225 Issued new common stock: $3,500 O $343,243 ○ $374,468 O $308,458 O $312,018
The 2017 balance sheet of Kerber's Tennis Shop , Incorporated, showed $2.4 million long-term debt, $760,000 in the common stock account, and $5.95 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.95 million $985,000, and $8.05 million in the same three accounts , respectively . The 2018 income statement showed an interest expense of $ 310,000 . The company paid out $590,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $690,000 , and the firm reduced its net working capital Investment by $185,000 , what was the firm's 2018 operating cash flow , or OCF ? Typed solution
Kiley Corporation had these transactions during 2022. Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. (a) Purchased a machine for $30,000, giving a long-term note in exchange. (b) Issued $50,000 par value common stock for cash. C (d) Declared and paid a cash dividend of $13,000 (e) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (0) Sold a long term investment with a cost of $15.000 for $15,000 cash Collected $16.000 from sale of goods. Paid $18,000 to suppliers.
he following information for 2018 was presented by Zola Company who uses the indirect methoc statement of cash flows: Retained earnings, beginning balance: $125,000 Retained earnings, ending balance: $117,000 Company reported net loss of $6,000 for the year. Which of the following figure is the correct dividends paid during the year? O a $2,000 O b. Zero O c. $5,000 Od $3,000 Supper Company Ltd, reported the following stockholders' equity on its balance sheet at June 30, 2021: Supper Company Ltd Stockholders' Equity June 30,2021 stock hares authorized 280,000 shares issued $1,400,000
No explanation of answers required
Starbucks reports net income for 2015 of $2,956.4 million. Its stockholders' equity is $6,527 million and $7,073 million for 2014 and 2015, respectively. a. Compute its return on equity for 2015.Round answer to one decimal place (ex: 0.2345 = 23.5%)Answer% b. Starbucks repurchased over $1.4 billion of its common stock in 2015. Did this repurchase increase or decrease Starbucks’ ROE? ROE usually decreases since the repurchase of shares reduces the denominator (avg. stockholders' equity). ROE usually increases since the repurchase of shares reduces the denominator (avg. stockholders' equity). ROE usually increases since the repurchase of shares increases the denominator (avg. stockholders' equity). ROE usually decreases since the repurchase of shares increases the denominator (avg. stockholders' equity). c. If Starbucks had not repurchased common stock in 2015, what would ROE have been? Note: Round answer to one decimal place (example: 20.6%). Answer%
In 2018, Jake's Jamming Music, Inc. announced an ROA of 8.46 percent, ROE of 13.50 percent, and profit margin of 8.5 percent. The firm had total assets of $8.5 million at year-end 2018. Calculate the 2018 value of net income available to common stockholders for Jake’s Jamming Music, Inc. (Enter your answer in dollars. Round your answer to the nearest whole dollar.) Calculate the 2018 value of common stockholders’ equity for Jake’s Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.)

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