Foundations Of Finance
10th Edition
ISBN: 9780134897264
Author: KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher: Pearson,
expand_more
expand_more
format_list_bulleted
Videos
Question
Chapter 3, Problem 2SP
Summary Introduction
To determine: The earnings per share of Company R.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
(Working with the income statement) If the Marifield Steel Fabrication Company earned
$463,000
in net income and paid a cash dividend of
$280,000
to its stockholders, what are the firm's earnings per share if the firm has
103,000
shares of stock outstanding?
The company's earnings per share are? round nearest cent
If the Marifield Steel Fabrication Company earned
$539,000
in net income and paid a cash dividend of
$259,000
to its stockholders, what are the firm's earnings per share if the firm has
93,000
shares of stock outstanding?
Ames, Inc., has a current stock price of $58. For the past year, the company had a net income of $8,400,000, total equity of $25,300,000, sales of $52,800,000, and 4.6 million shares of stock outstanding.
a. What are earnings per share (EPS)?
b. What is the Price-earnings ratio?
c. What is the Price sales ratio?
d. What is Book value per share?
Chapter 3 Solutions
Foundations Of Finance
Ch. 3.A - (Computing free cash flows) Given the following...Ch. 3.A - Prob. 2SPCh. 3.A - Prob. 3SPCh. 3.A - Prob. 4SPCh. 3 - A companys financial statements consist of the...Ch. 3 - How do gross profits, operating profits, and net...Ch. 3 - How do dividends and interest expense differ?Ch. 3 - Why is it that the preferred stockholders equity...Ch. 3 - Prob. 5RQCh. 3 - Prob. 6RQ
Ch. 3 - Prob. 7RQCh. 3 - Prob. 8RQCh. 3 - Prob. 9RQCh. 3 - Prob. 1SPCh. 3 - Prob. 2SPCh. 3 - (Preparing an income statement) Prepare an income...Ch. 3 - (Preparing a balance sheet) Prepare a balance...Ch. 3 - Prob. 5SPCh. 3 - Prob. 6SPCh. 3 - Prob. 7SPCh. 3 - (Working with income statement and balance sheet)...Ch. 3 - (Working with a statement of cash flows) Given the...Ch. 3 - Prob. 10SPCh. 3 - Prob. 11SPCh. 3 - Prob. 12SPCh. 3 - Prob. 13SPCh. 3 - Prob. 14SPCh. 3 - Prob. 15SPCh. 3 - Prob. 16SPCh. 3 - Prob. 1MCCh. 3 - Prob. 2MCCh. 3 - Prob. 3MC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Similar questions
- Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)arrow_forwardBehlens 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?arrow_forwardif the Marifield Steel Fabrication Company earned $470 in net income and paid a cash dividend of $271,000 to its stockholders, what are the firm's earnings per share if the firm has 101,000 shares of stock outstanding? The company's earnings per share are ?arrow_forward
- Guo company has stockholders’ equity of $400,000 and net income of $66,000. It has a payout ratio of 20% and a return on assets of 15%. How much did Guo pay in cash dividends, and what were its average assets?arrow_forward. The Anderson Company has net profits of $20 million, sales of $250 million, and 4.5 million shares of common stock outstanding. The company has total assets of $175 million and total stockholders’ equity of $95 million. It pays $1.50 per share in common dividends, and the stock trades at $35 per share. Given this information, determine the following: The company’s net profit margin The stock’s dividend payout ratio and its dividend yield The stock’s PEG ratio, given that the company’s earnings have been growing at an average annual rate of 7.5%arrow_forwardFFDP Corporation has yearly sales of $29.9 million and costs of $15.7 million. The company’s balance sheet shows debt of $55.9 million and cash of $39.9 million. There are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 9.4. a. What is the company’s enterprise value? b. What is the stock price per share?arrow_forward
- es Nataro, Incorporated, has sales of $667,000, costs of $329,000, depreciation expense of $73,000, interest expense of $46,500, a tax rate of 25 percent, and paid out $47,000 in cash dividends. The firm has 27,200 shares of common stock outstanding. a. What is the earnings per share, or EPS, figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Earnings per share b. Dividends per share * 000 000 # < Prev 3 of 13 # Nextarrow_forwardNataro, Incorporated, has sales of $670,000, costs of $337,000, depreciation expense of $82,000, interest expense of $47,000, and a tax rate of 24 percent. The firm paid out $77,000 in cash dividends and has 36,800 shares of common stock outstanding. a. What is the earnings per share, or EPS, figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the dividends per share figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Earnings per share b. Dividends per sharearrow_forwardLotharan Corp. has yearly sales of $28.3 million and costs of $12.5 million. The company’s balance sheet shows debt of $54.3 million and cash of $38.3 million. There are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 7.8. What is the company’s enterprise value? What is the stock price per share?arrow_forward
- Nataro, Incorporated, has sales of $650,000, costs of $332,000, depreciation expense of $77,000, interest expense of $42,000, and a tax rate of 24 percent. The firm paid out $72,000 in cash dividends and has 35,800 shares of common stock outstanding. What is the earnings per share, or EPS, figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the dividends per share figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.arrow_forwardZiggy Inc., has sales of $817,000 costs of $343,000, depreciation expense of $51,000, interest expense of $38,000 and tax rate of 35%. What is the net income of the firm? Suppose the firm paid out $95,000 in cash dividends. What is the addition to retained earnings? Suppose the firm had 90,000 shares of common stock outstanding. What is the earnings per share? What is the dividends per share figure?arrow_forwardGriffins Goat Farm, Inc., has sales of $671,000, costs of $333,000, depreciation expense of $77,000, interest expense of $48,500, a tax rate of 24 percent, and paid out $44,500 in cash dividends. The firm has 28,000 shares of common stock outstanding. a. What are the earnings per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Earnings per share b. Dividends per sharearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Managerial Accounting: The Cornerstone of Busines...AccountingISBN:9781337115773Author:Maryanne M. Mowen, Don R. Hansen, Dan L. HeitgerPublisher:Cengage Learning
EBK CONTEMPORARY FINANCIAL MANAGEMENTFinanceISBN:9781337514835Author:MOYERPublisher:CENGAGE LEARNING - CONSIGNMENT
Managerial Accounting: The Cornerstone of Busines...
Accounting
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Cengage Learning
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:9781337514835
Author:MOYER
Publisher:CENGAGE LEARNING - CONSIGNMENT
Dividend explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=Wy7R-Gqfb6c;License: Standard Youtube License