The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5:   December 31   20Y7 20Y6 20Y5 Total assets $300,000   $270,000   $240,000   Notes payable (8% interest) 100,000   100,000   100,000   Common stock 40,000   40,000   40,000   Preferred 3% stock, $100 par 20,000   20,000   20,000     (no change during year)             Retained earnings 103,900   77,450   60,000   The 20Y7 net income was $27,050, and the 20Y6 net income was $18,050. No dividends on common stock were declared between 20Y5 and 20Y7. Preferred dividends were declared and paid in full in 20Y6 and 20Y7. a.  Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders’ equity for the years 20Y6 and 20Y7. When required, round to one decimal place.   20Y7 20Y6 Return on total assets fill in the blank 1 % fill in the blank 2 % Return on stockholders’ equity fill in the blank 3 % fill in the blank 4 % Return on common stockholders’ equity fill in the blank 5 % fill in the blank 6 % b.  The profitability ratios indicate that the company's profitability has  . Since the return on assets is   the return on stockholders' equity in both years, there must be   leverage from the use of debt

What is the total stockholders equity based on the following account balances? Common stock $318,200 Paid in capital excess of par $58,300 Retained earnings $161,360 Treasury stock $21,200

The following information pertains to Windsor Company. Assume that all balance sheet amounts represent average balance figures.   Total assets $330000   Stockholders' equity-common 210,000   Total stockholders' equity 298,000   Sales revenue 110,000   Net income 20,600   Number of shares of common stock 7,500   Common dividends 4,700   Preferred dividends 8,300   What is Windsor's payout ratio?   a. 8%.   b. 22.82%.   c. 16%.   d. 36%.

Statement of Stockholders' Equity The stockholders’ equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are as follows. COMMON STOCK   Jan. 1 Balance 1,200,000   Apr. 14 Issued       18,600 shares 558,000   Dec. 31 Balance 1,758,000 PAID-IN CAPITAL IN EXCESS OF PAR   Jan. 1 Balance 192,000   Apr. 14 Issued       18,600 shares 130,200   Dec. 31 Balance 322,200 TREASURY STOCK Aug. 7 Purchased       3,100 shares 86,800   RETAINED EARNINGS Mar. 31 Dividend 31,000 Jan. 1 Balance 2,090,000 June. 30 Dividend 31,000 Dec. 31 Closing   Sept. 30 Dividend 31,000   (Net income) 314,000 Dec. 31 Dividend 31,000 Dec. 31 Balance 2,280,000 Prepare a statement of stockholders’ equity for the year ended December 31, 20Y9. If an amount box does not require an entry, leave it blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. I-Cards Inc.Statement of Stockholders' EquityFor the Year Ended…

The following selected data were taken from the financial statements of the Winter Group for the three most recent years of operations:   Dec. 31, Year 3 Dec. 31, Year 2 Dec. 31, Year 1 Total assets $3,000,000     $2,700,000     $2,400,000     Notes payable (10% interest) 1,000,000     1,000,000     1,000,000     Common stock 400,000     400,000     400,000     Preferred $6 stock, $100 par 200,000     200,000     200,000     Retained earnings 1,126,000     896,000     600,000       The Year 3 net income was $242,000 and the Year 2 net income was $308,000. No dividends on common stock were declared during the 3 years. a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for Years 2 and 3. If required, round your answers to one decimal place. i cant figure out the stockholders equity or common stockholders equity

Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y8, were as follows: Record on journal page 10: Jan. 3 Issued 15,000 shares of $20 par common stock at $30, receiving cash. Feb. 15 Issued 4,000 shares of $80 par preferred 5% stock at $100, receiving cash. May 1 Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually.   16 Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000 shares of preferred stock were outstanding.   26 Paid the cash dividends declared on May 16. Jun. 8 Purchased 8,000 shares of treasury common stock at $33 per share.   30 Declared a $1.00 quarterly cash dividend per share on preferred stock. On the date of record, 20,000 shares of preferred stock had been issued. Jul. 11 Paid the cash dividends to the preferred…

Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,200,000 shares issued; Additional Paid-in Capital, $16.80 million; Retained Earnings, $9.80 million; and Treasury Stock, 48,000 shares, $1.056 million.   Prepare the stockholders’ equity section of the balance sheet. (Amounts to be deducted should be indicated by a minus sign. Enter your answer in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.)

Hahah

Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,400,000 shares issued; Additional Paid-in Capital, $17.40 million; Retained Earnings, $10.40 million; and Treasury Stock, 54,000 shares, $1.188 million. Prepare the stockholders' equity section of the balance sheet. (Amounts to be deducted should be indicated by a minus sign. Enter your answer in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.) SUMMIT APPAREL Balance Sheet (Stockholders' Equity Section) December 31 Stockholders' equity: Total Paid-in Capital Total Stockholders' Equity

The year end balance sheet of CP, In., include the following stockholders’ equity section (with certain details omitted). Stockholders’ equity: Capital stock: 7% cumulative preferred stock, $100 par value…………….   $15,000,000 Common stock, $5 par value, 5,000,000 shares Authorized, 4,000,000 shares issued and outstanding…… 20,000,000 Additional paid in capital: Common stock………………………………………………………………  44,000,000 Retained earnings…………………………………………………………   64,450,000 Total stockholders’ equity……………………………………………   $143,450,000 From this information, I must compute the answers to the following question. How many shares of preferred have been issued? What is the total amount of the annual dividends to which preferred stockholders are entitled? What was the average issuance price per share common stock?