(Working with the income statement) if the Marifield Steel Fabrication Company eamed $525,000 in net income and paid a cash dividend of $298,000 to its stockholders, what are the fin earnings per share if the firm has 104,000 shares of stock outstanding? The company's earnings per share are $ (Round to the nearest cent.)

(Working with the income statement) if the Marifield Steel Fabrication Company eamed $525,000 in net income and paid a cash dividend of $298,000 to its stockholders, what are the fin earnings per share if the firm has 104,000 shares of stock outstanding? The company's earnings per share are $ (Round to the nearest cent.)

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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A company paid P0.48 in cash dividends per share. Its earnings per share is P3.20 and its market price per share is P20.00. Its dividend yield equals to what? A company has 50,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is P1,470,000, and the par value per common share is P5. What will be the book value per share?
A company paid $1.40 in cash dividends per share. Its earnings per share is $3.40, and its market price per share is $30.50. Its dividend yield equals: Multiple Choice 41.2%. 24.3%. 11.1%. 2:15 PM 3/28/2022 Insert
You have the following information about Trisha Company: total asset =P350,000; common stock equity = P175,000; Return on Equity (ROE) =12.5%. What is Trisha’s earnings available for common stockholders? A. P21,875B. P43,750C. P50,000D. P47,632
A firm has a market value equal to its book value. Currently, the firm has excess cash $7,000 and other assets of $21,000. Equity is worth $28,00O. The firm has 600 shares of stock outstanding and net income of $2,400. What will the stock price per share be if the fim pays out its excess cash as a cash dividend? Multiple Choice $64 $43 $35 $39 $60
If a firm has the following sources of finance, Current liabilities $ 90,000 Long-term debt 380,000 Preferred stock 75,000 Common stock 240,000 earns a profit of $50,000 after taxes, and pays $8,000 in preferred stock dividends, what is the return on assets, the return on total equity, and the return on common equity? Round your answers to two decimal places. Return on assets: % Return on total equity: % Return on common equity: %
A company has 200mm of debt, 50mm of cash, 25mm shares of stock trading at $10. It has operating income (EBIT) of 40mm and D&A of 10mm. What is EV/EBITDA and debt/EBITDA?
At year end, Sampson Company's balance sheet showed total assets of $80 million, total liabilities of $50 million, and 1,000,000 shares of common stock outstanding. Next year, Malta is projecting that it will have net income of $2.9 million. If the average P/E multiple in Malta's industry is 16, (and this is an average stock) what should be the price of Sampson's stock? O $50.43 O $46.40 O $44.57 O $41.60
3. (a): The stock price for Bank Muscat was OMR 100 per share one year ago. The stock is currently trading at OMR 92 per share. Shareholders just received OMR 20 as dividend. Calculate the "Return" was earned over the past year? (b): First find W, and then calculate the "Weighted average" cost of capital of a Company from the following table details: Capital Component Amount WCost Debt Preferred Stock Common Stock 40,000 5% 30,000 6% 50,000 4%
The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $.50 per share, and there are 20,000 shares of stock outstanding. The market-value balance sheet for Payout is shown in the following table. Liabilities & Equity Assets $100,000 Cash Fixed $1,000,000 $1,000,000 assets 900,000 Equity Total $1,000,000 Total Required: (a.) (b.) (c.) What price is Payout stock selling for today? What price will it sell for tomorrow? Ignore taxes. Suppose that instead of paying a dividend, Payout Corp. announces that it will repurchase stock with a market value of $10,000. What happens to the stock price when the repurchase proposal is announced? Suppose that the stock is repurchased immediately after the announcement. What would be the stock price after the repurchase? (d.)
The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $.50 per share, and there are 20,000 shares of stock outstanding. The market-value balance sheet for Payout is shown in the following table. Assets Liabilities & Equity Cash$100,000 Fixed assets900,000 Equity$1,000,000 Total $1,000,000 Total$1,000,000 Required:(a.) What price is Payout stock selling for today?(b.) What price will it sell for tomorrow? Ignore taxes.(c.) Suppose that instead of paying a dividend, Payout Corp. announces that it will repurchase stock with a market value of $10,000. What happens to the stock price when the repurchase proposal is announced?(d.) Suppose that the stock is repurchased immediately after the announcement. What would be the stock price after the repurchase?
Haricot Corporation and Pinto Corporation both have operating profits of $165 million. Haricot is financed solely by equity, while Pinto has issued $215 million of 6% debt. If the corporate tax rate is 21%: Required: a. How much tax does each company pay? b. What is the total payout to investors (debtholders plus shareholders) of each company? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B How much tax does each company pay? Note: Enter your answer in dollars not in millions. Tax Amount Haricot Pinto $ 21 x $ 21 x
Calculate the Enterprise value using following information: Number of Shares outstanding: 25,000 Book value per share: $18 Price to book ratio: 4.0 Excess cash in the Company: $58,000 a. $1,858,000 b. $1,742,000 c. $508,000 d. $0.20 million

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