146. Oriole Company had net income of $2023000 and paid dividends to common stockholders of $316000 in 2017. The weighted average number of shares outstanding in 2017 was 421000 shares. Oriole Company common stock is selling for $50 per share on the NASDAQ. Tito Corporation's payout ratio for 2017 is $5 per share. 169%. 13%. 89%.

Q: Jupiter corporation had the following shares outstanding at December 31, 2018: Ordinary shares, par…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: a. What amount of net income for 2013 will be reported in Gluco's 2014 annual report? b. Calculate…

A: Requirement a:   Compute the EPS.

Q: Compute diluted earnings per share

A: Earnings per share is a financial measure that determines the residual earnings generated by each…

Q: On January 1, 2016, Wade Corporation had 24,000 shares of common stock outstanding. On April 1, it…

A: Common shares are issued by the company to fulfil its capital requirements. The common shareholders…

Q: Bonita Industries had the following information in its financial statements for the years ended 2020…

A: The payout ratio is calculated by dividing the cash dividend by the net income and multiplying by…

Q: Kalin Corporation had 2017 net income of $1,000,000. During 2017, Kalin paid a dividend of $2 per…

A: Earnings per share on common stock: It is a financial ratio. It is calculating by divides net…

Q: Ale Corporation had net income of $240,000 and paid dividends to common stockholders of $40,000 in…

A: Earnings per share=Net incomeWeighted average shares=$240,00060,000=$4

Q: Assume that the following data relate to Rosen, Inc. for the year 2017: Net income (40% tax rate)…

A: Earnings per share is a financial ratio, which divides net earnings available to common shareholders…

Q: At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 820 million shares of…

A: Preferred Dividend = No. of preferred share x Par value per share x rate of dividend…

Q: Tommen, Inc. has the following stock issued as of December 2015:                     5% Preferred…

A: Dividend means the amount given to shareholder of the company as profit distribution by company.…

Q: As of 2017, Buttle Corp. has $10 par, 2% preferred stock, 13,000 shares outstanding, and $1 par…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: Sheridan Corporation had net income of $470000 and paid dividends to common stockholders of $34780…

A: There are two methods of calculation of payout ratios 1) outstanding share method (DPS/EPS) *100 2)…

Q: Marigold Corporation had net income of $1650000 and paid dividends to common stockholders of $400000…

A: Income statement: The income statement is one of the three primary financial statements used to…

Q: n 2021, Ehrlich Corporation reported net income of $700,000. It declared and paid preferred stock…

A: Solution: Earnings per share is the monetary value of earnings per outstanding share of common stock…

Q: Bertram Corporation had net income of $325,000 and paid dividends to common stockholders of $50,000…

A: Dividend payout ratio is calculated by dividing the total dividend paid by the net income earned…

Q: Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $300,000…

A: Price-earnings ratio = Market price per share / Earnings per share where, Earnings per share = Net…

Q: Cracker Company had 2 million shares of common stock outstanding all through 2012. On April 1, 2013,…

A: EARNING PER SHARE (EPS) :  = (NET INCOME - PREFERRED DIVIDENDS) / AVERAGE NUMBER OF COMMON SHARES…

Q: Gonzalez Company reported net income of $2,600 million in 2016. The weighted average number of…

A: Basic earnings per share are the amount that represents the earnings allocable to each common share…

Q: Sheridan Corporation had net income of $470000 and paid dividends to common stockholders of $34780…

A: Introduction: Dividend payout ratio: This ratio tells the how much dividend is distributed with its…

Q: Culver Corporation reported net income of $682,000 in 2017 and had 217,000 shares of common stock…

A:

Q: In 2017, Hollis Corporation reported net income of $1,000,000. It declared and paid preferred stock…

A: Earnings per share on common stock: It is a financial ratio. It is calculating by divides net…

Q: The following information is provided for Slickers, INc. for year 2016: Preferred stock 7%, $50 par…

A: Non-cumulative preferred stocks that provides the shareholders a fixed dividend amount each year,…

Q: Carla Corporation reported net income of $644,000 in 2017 and had 234,000 shares of common stock…

A: Diluted Earnings per share = Net Income available to Common stockholders'Number of common stock…

Q: Brown Inc. has 5,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of…

A: As per IAS 33, Earnings per share The cumulative preferred stock holders will be eligible for…

Q: What is the payout ratio for Alcantara Corporation for the year ended 2011? b. What is the book…

A: Book value of common equity: Book value is the value of equity excluding the preferred stock it is…

Q: Kingbird Corporation had 270,000 shares of common stock outstanding on January 1, 2017. On May 1,…

A:

Q: Lerner Company had the following transactions in 2017, its first year of operations: Issued 20,000…

A: The following computations are done for Lerner Company.

Q: At December 31, 2017, Reid Company had 600,000 sharesof common stock issued and outstanding, 400,000…

A: Income available to common stockholders.

Q: At December 31, 2017 and 2018, Funk and Noble corporation had outstanding 760 million shares of…

A: Earnings per share (EPS): The amount of net income available to each shareholder per common share…

Q: The average stockholders’ equity for TWU Company for 2017 was $2,000,000. Included in this figure is…

A: Net income - net income means earnings of company but after tax . In other words net earning means…

Q: Metlock Corporation had 2017 net income of $1,001,000. During 2017, Metlock paid a dividend of $2…

A: Earnings per share refer to the amount earned by each stockholder. This can be identified by…

Q: McNabb Corp. had $100,000 of 7%, $20 par value preferredstock and 12,000 shares of $25 par value…

A: a)

Q: The following information pertains to Jet Corp.’s outstanding stock for 2016: Common stock, $5 par…

A: Basic earnings per share = (Net income - Preferrence dividend) /Weighted average outstanding share…

Q: At December 31, 2021, Hancock Company had 500,000 shares of common stock issued and outstanding,…

A: Earnings per share = Net IncomeWeighted Average number of shares

Q: Hound, Inc. has the following stock issued as of December 2015:                     7% Preferred…

A: Preference shareholders are those shareholders who have preference in payment of dividends and…

Q: Pina Colada Corp. had net income of $1612000 and paid dividends to common stockholders of $403000 in…

A: The question is based on the concept of Payout ratio

Q: Denfort corp had 4,000 shares of P7.00, P100 par preferred stock and 50,000 shares of common stock…

A: Earnings per share (EPS) was used to measure profitability. Earnings per share: =(Net income -…

Q: Marutzky Corporation had a net income of $2,200,000 for the year 2018.  On January 1, 2018, the…

A: Earning per share is calculated to know the earnings share, every shareholder would get for the…

Q: On December 31, 2013 and 2014, Tomlin Corporation had 100,000 shares of common stock. Additional…

A:

Q: Bonita Corporation had net income of $1.950,000 and paid dividends to common stockholders of…

A: Dividend means the amount given to shareholder of the company as profit distribution by company.…

Q: Sheridan Corporation had net income of $470000 and paid dividends to common stockholders of $34780…

A: Given,  Net income = $470,000 Dividends paid to common stockholders = $34,780

Q: In 2020, Concord Corporation reported net income of $1,015,200. It declared and paid preferred stock…

A: Step 1 Earnings per share is the income attributed to each outstanding equity share commonly…

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.