ubbleTree Inc. had a taxable income of $440,000 last year. Its average tax rate is 31% and it paid out $120,000 in dividends to preferred stockholders. The company has 12,000 shares of common stock outstanding. If BubbleTree pays out a dividend of $12.24 for each share of common stock, what are retained earnings?

Longmont Corporation earned net income of $90,000 this year. The company began the year with 600 shares of common stock and issued 500 more on April 1. They issued $5,000 in preferred dividends for the year. What is the numerator of the EPS calculation for Longmont?

Bastion Corporation earned net income of $200,000 this year. The company began the year with 10,000 shares of common stock and issued 5,000 more on April 1. They issued $7,500 in preferred dividends for the year. What is the EPS for the year for Bastion?

Santa, Inc. recently reported that its earnings per share were $3.00.  The company has 200,000 shares of stock outstanding.  Interest expense was $550,000.  The corporate tax rate is 50%.  What is the company’s operating income (EBIT)?

The following information relates to the operations of Branded Ltd. The net profit after tax was $1,000,000. The company distributed ordinary dividends of $600,000 to its shareholders. Over the year, weighted average number of ordinary shares were 2,000,000. Ordinary shares are currently selling for $8.00 per share. What is the earning per share for the company?     0.20.     0.33.     0.40.     0.50.

The following information relates to the operations of Branded Ltd. The net profit after tax was $1,000,000. The company distributed ordinary dividends of $600,000 to its shareholders. Over the year, weighted average number of ordinary shares were 2,000,000. Ordinary shares are currently selling for $8.00 per share. What is the price-earnings ratio of the company?     12 times     20 times     15 times     16 times

The following information relates to the operations of Branded Ltd. The net profit after tax was $1,000,000. The company distributed ordinary dividends of $600,000 to its shareholders. Over the year, weighted average number of ordinary shares were 2,000,000. Ordinary shares are currently selling for $8.00 per share. What is the dividend pay-out rate for the company?     60%     47.5%     50%     166.67%

Behlens Manufacturing has calculated its earnings per share as $1.25. If the corporation has 500,000 shares outstanding, what is the amount of after-tax income?

Edna Recording​ Studios, Inc., reported earnings available to common stock of ​$4,000,000 last year. From those​ earnings, the company paid a dividend of ​$1.17 on each of its 1,000,000 common shares outstanding. The capital structure of the company includes 35​% ​debt, 25​% preferred​ stock, and 40​% common stock. It is taxed at a rate of 21​%.   a. If the market price of the common stock is ​$39 and dividends are expected to grow at a rate of 6​% per year for the foreseeable​ future, what is the​ company's cost of retained earnings financing​?   b. If underpricing and flotation costs on new shares of common stock amount to ​$9 per​ share, what is the​ company's cost of new common stock financing​?   c. The company can issue ​$2.12 dividend preferred stock for a market price of ​$35 per share. Flotation costs would amount to ​$5 per share. What is the cost of preferred stock financing​?

Filament Recording Studios, Inc., reported earnings available to common stock of $4,200,000 last year. From those earnings, the company paid a dividend of $1.26 on each of its 1,000,000 common shares outstanding. The capital structure of the company includes 40% debt, 10% preferred stock, and 50% common stock. It is taxed at a rate of 40%.   A. If the market price of the common stock is $40 and dividends are expected to grow at a rate of 6% per year for the foreseeable future, what is the company’s cost of retained earnings financing? Format: 1.11% B. If underpricing and flotation costs on new shares of common stock amount to $7.00 per share, what is the company’s cost of new common stock financing? Format: 11.11% C. The company can issue $2.00 dividend preferred stock for a market price of $25.00 per share. Flotation costs would amount to $3.00 per share. What is the cost of preferred stock financing? Format: 1.11% D. The company can issue $1,000-par-value, 10% coupon, 5-year bonds…