A corporation has total assets of $85 million and total liabilities of$5 million. If the corporation has 4 million shares of common stockoutstanding, what is the book value per share of common stock?

Q: Rye Company has provided the following information: • Weighted average number of outstanding common…

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

Q: The Harbinger Corporation reported net income of $6 million and total assets of $7 million in its…

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

Q: Diamondback Welding & Fabrication Corporation sells and services pipe welding equip- ment in…

A: Prepare journal entries:

Q: A firm has $8 million in total assets. It has $3 million in currentliabilities, $2 million in…

A: The formula to compute net worth is as follows:

Q: Cleveland Corporation has 100,000 shares of common stock outstanding, its net income is $750,000,…

A: Formula to calculate Earnings per share: EPS=Total earningsShares…

Q: The following information pertains to Marsh Company for the current! year: Average total assets,…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: OMG Inc. has 5 million shares of common stock outstanding, 4 million shares of preferred stock…

A: Debt is the obligation for the company reported in the balance sheet of the company.

Q: A firm has $5,760,000 in its common stock account and $57,600,000 in its paid in capital account.…

A: Common stock consist of the par value of the share and paid-in capital is the excess amount on par…

Q: Lucky Corporation began the year with a simple capital structure consisting of $240,000 shares of…

A: Formula: Earnings per share = Net Income / outstanding Weighted average common shares Division of…

Q: A corporation reported the following equity section on its current balance sheet. The common stock…

A: SOLUTION- STOCK DIVIDEND  IS A TYPE OF DIVIDENDS THAT ISSUED TO SHAREHOLDERS IN TERMS OF SHARES.

Q: A corporation purchases 5,595 shares of its own $3 par common stock for $25 per share, recording it…

A: Stockholders’ Equity (SE): Stockholders Equity refers to the right the owner possesses over the…

Q: A company balance sheet showed total assets of $60 million, total liabilities (including preferred…

A: Liquidation value per share of common stock means value which will be received after all assets are…

Q: earnings per share

A: We know that the formula to calculate earnings per share  Earnings per share - ( Net Income…

Q: A corporation purchases 4,608 shares of its own $7 par common stock for $29 per share, recording it…

A: Whenever a corporation purchases some of its outstanding stock from its shareholders and does not…

Q: the total number of outstanding shares of West Corporation amounts to?

A: Given information is: If West Corporation has 80,000 ordinary shares authorized, has 50,000 ordinary…

Q: Netpass Company has 100,000 shares of common stock authorized, 90,000 shares issued, and 40,000…

A: No. of shares issued and outstanding = No. of common stock issued - treasury stock = 90000 shares -…

Q: You own shares of a company that reported after-tax earnings of $17 million and has issued 19…

A: Earnings per share is a financial ratio, that divides the net income available to the stockholders…

Q: Netpass Company has 300,000 shares of common stock authorized, 270,000 shares issued, and100,000…

A: Outstanding shares = Issued shares - Treasury shares                                  = 270,000…

Q: A corporation has 800,000 ordinary shares outstanding, Recently, the corporation bought 100,000…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: A company has 200,000 shares authorized,167,000 shares issued and 40,000 shares of treasury stock .…

A: The term "Outstanding shares" refers to each and every share of a corporation that has been…

Q: Howard corporation had 10,000 shares of common stock outstanding at the beginning of the year. On…

A: Weighted average number of shares is the total number of outstanding shares calculated at the end of…

Q: A company has 31,000 shares of common stock outstanding. The stockholders' equity applicable to…

A: Book value per share= (Shareholder's equity- Preferred stock )/ Common stock shares

Q: The Harbinger Corporation reported net income of $6 million and total assets of $7 million in its…

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

Q: A corporation has 100,000 shares of 4% preferred stock outstanding also there are 100,000 common…

A: THE PREFERRED STOCKHOLDERS ARE PAID DIVIDEND FIRST BEFORE THE PAYMENT TO COMMON STOCKHOLDERS .…

Q: ST Corporation has a total shareholders' equity of P1,000,000, including retained earnings of…

A: Given, Balance in retained earnings = 175,000 Cash balance  = 350,000

Q: A corporation has the following account balances: Common Stock, $1 par value, $60000; Paid-in…

A: The organization can raise funds for the operation by issuing common stock, preferred stock for long…

Q: Netpass Company has 600,000 shares of common stock authorized, 510,000 shares issued, and 240,000…

A: Dividend is paid on the shares outstanding. Shares outstanding = Shares issued - Treasury shares…

Q: A corporation reacquires 60,000 shares of its own $10 par common stock for $3,000,000, recording it…

A: Authorized shares are the maximum number of shares a company is allowed to issue to shareholders as…

Q: Lucky Corporation began the year with a simple capital structure consisting of 200,000 shares of…

A: Formula: Earnings per share = Net income / Weighted average number of equity shares

Q: The total assets of Dierdorf Co. are $ 555,000 and its liabilities are equal to two-thirds of its…

A: As per Accounting equation,Assets =Liabilities +Shareholders equity

Q: what is the market capitalization of the corporation

A: Market capitalization is known as the market value of all the shares issued in the market. It is…

Q: The board of directors of SSS Inc., have declared a dividend of P18,000,000. The company has 40,000…

A: The dividend is the return to the shareholders by the company for the investment made. Shares are…

Q: ABC Corporation has assets that total $10 million and liabilities that total $2 million. It also has…

A: Book value per share is calculated by deducting all debt, liabilities, and preferred stock from…

Q: Ecker Company reports $2,700,000 of net income and declares $388,020 of cash dividends on its…

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

Q: Gold River Corporation has the following data: Current Assets $206,000 Total Assets $20,000 Net…

A: The current ratio is calculated as ratio between current assets and current liabilities.

Q: Houghton Company has the following items: share capital- ordinary, $820,000; treasury shares,…

A: Shareholder's equity represents the residual amount that the business owners would receive after all…

Q: A corporation has 10,000 shares of 7%, $50 par preferred stock outstanding and 130,000 shares of…

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

Q: A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in…

A: Legal capital = $80,000

Q: A corporation declares $32 million in net income, $4 million in preferred stock dividends, and $8…

A: Shareholder's equity or stockholder's equity is one of section which is reported under the statement…

Q: A company declared cash dividends of $0.20 per share. If there are 500,000 shares of common stock…

A: Dividend is the return that the company provides to the stockholders as a consideration for…

Q: Gusion Corporation has provided the following financial data (in thousands of dollars): Total…

A: The dividend per share indicates the amount divided per share, It means how much is the dividend…

Q: A corporation issues common stock with a $5 stated value. Its Common Stock account has a balance of…

A: Here stated value is the Nominal value or par value at which shares are issued.  Number of shares…

Q: 2 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and…

A: Value of equity= no. of share* price per share   = 2 * 26     = 52 million Value of preferred…

Q: A corporation sold 13,500 shares of its $10 par value common stock at a cash price of $14 per share.…

A: When shares are sold by a corporation in excess of par, cash is received and an increase in cash is…

Q: Myrtle Corporation began the year with a simple capital structure consisting of 480,000 shares of…

A: Earnings per share is a financial ratio that indicates a company’s ability to earn revenue for its…

Q: OMG Inc. has 4 million shares of common stock outstanding, 3 million shares of preferred stock…

A: Weights used to calculate the WACC are calculated as follows:   Weight for equity= E/(D+P+E) where…

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.