Fuentes Corporation reported a net income of $152,000, declared dividends on common stock of $50,000, and had an ending balance in retained earnings of $360,000. Stockholders' equity was $700,000 at the beginning of the year and $820,000 at the end of the year.   Compute the return on common stockholders' equity.

Q: In its recent income statement, Smith Software Inc. reported $28 million of net income, and in its…

A: Net income refers to the portion of revenue left after deducting all the expenses from the revenue.…

Q: A company had 15,000 shares outstanding at the beginning of the year. During the year, the company…

A: Value of stock dividend = No. of shares outstanding x stock dividend rate x market price per stock…

Q: Millers company had retained earnings of $85,000 and stockholders' equity of $105,000 at the…

A: Equity statement: It refers to a financial statement that shows the total equity of the business…

Q: A recent annual report for Wilmington, Inc. contained the following information: Retained earnings…

A: Retained earnings represent the earnings accumulated over a period of time.

Q: Big Bluestem Inc. reported the following results for the year ending April 30: Retained earnings,…

A: The Numerical has covered the concept of Statement of Retained Earnings. The Statement of Retained…

Q: At the beginning of the current year, Soron Corporation had 200,000 shares of $1 par common stock…

A: Retained earnings are the amount which was retained by the company after all of its expenses…

Q: At the beginning of the year, the net assets of Shannon Co. were $617,900. The only transactions…

A: We know that Return on Equity = ( Net Income /Average shareholders equity) Net Assets = Total Assets…

Q: At the beginning of Year 2, Jones Company had a balance in common stock of $300,000 and a balance of…

A: Shareholders' equity balance includes common stock, preferred stock, and additional paid-in capital.…

Q: Makers Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid…

A: Earnings per share : Earnings per share are calculated based on the companies year ending profit and…

Q: Angola Corporation reported a net income of $154,000, declared dividends on common stock of $60,000,…

A: Given the following information: Net income: $154,000 Declared dividends on common stock $60,000…

Q: Prag Co. reported the following financial data for its most current year: Beginning-of-year common…

A: Formula: Ending of the year total stockholders equity = Beginning of the year common stock +…

Q: A recent annual report for Wilmington, Inc. contained the following information: Retained earnings…

A: Number of shares issued at the end of the current year = Common Stock account totaled at the end of…

Q: The board of directors of Kendall Co. declared cash dividends totaling $390,000 during the current…

A: Cash Dividend :- Dividend pay by company out of earning in the form of cash to shareholders.

Q: At the beginning of 2021, Artichoke Academy reported a balance in common stock of $150,000 and a…

A: Stockholders' equity: Stockholders' equity means the remaining net assets available to shareholders.…

Q: uperior has provided the following information for its recent year of operation: The common stock…

A: Change in retained earnings=Year end balance-Beginning balance=$91,000-$70,000=$21,000

Q: Basic Solutions Company reported net earnings of $60,000, declared and paid cash dividends on its…

A: Retained earning balance can be calculated by adding up net income and deducting cash dividends from…

Q: Ullrich Printing Inc. paid out $20,850 of common dividends during the year. It ended the year with…

A: Net income = Dividend Paid + Increase in retain earnings

Q: If Shareholders equity at the beginning of the year was $400,000 and $10,000 was paid to…

A: Shareholder’s equity: Equity shares held by share holders are called shareholders equity. Each share…

Q: Net income for the period totaled OMR75,000, preferred dividends paid totaled OMR10,000, and common…

A: It is pertinent to note that preferred dividends are paid in prior to dividends to be paid to common…

Q: Given the information below for ATH Corp., what was the amount of Dividends declared during the…

A: Ending Retained Earnings = Beginning Retained Earnings + Net Income - Dividend Declared

Q: The balance sheets of HR, Inc. reports total stockholders' equity of $500,000 and $650,000 at the…

A: Return on equity is the ratio which shows the earning capacity of the equity shareholders’ funds and…

Q: Marilu Company began the year with stockholders' equity of $30,000. During the year, Marilu issued…

A: A Statement of Changes in Equity represents the various changes effected in the equity section of…

Q: Catalina Corporation begins the year with a $195 balance in Retained Earnings and a $320 balance in…

A: Stockholders' equity represents the amount of funds remaining with the entity after payment of all…

Q: Prag Co. reported the following financial data for its most current year: Beginning-of-year common…

A: Shareholders' equity depicts the amount of capital invested by the owner in the business. It…

Q: Stosch Company's balance sheet reported assets of $132,000, liabilities of $33,000 and common stock…

A: Formula: Ending Retained earnings balance = Beginning retained balance + Net Income - dividends…

Q: Jamaica Tours, Inc. started the year with a balance of retained earnings of $1,810 million. The…

A: Calculate the End of Year Balance in Retained Earnings:The end of Year Balance in Retained Earnings…

Q: The following data were taken from the financial statements of Gates Inc. for the current fiscal…

A: Ratios are determined by the management by analyzing financial statements for studying the…

Q: The board of directors of Tirico Corp. declared cash dividends of $260,000 during the current year.…

A:

Q: Jay Co. reported the following financial data for its most current year: Beginning-of-year…

A: The total stockholders’ equity represents the owner’s capital or claim in the company. The total…

Q: Goldfinger Corporation had account balances at the end of the current year as follows: sales…

A: Goldfinger's Income Statement Particulars Amounts Sales Revenue $29,000.00 Less: Cost of goods…

Q: For the year , movers United has net income of $31,800 , net new equity of $7,500 , and an…

A: The amount of dividend paid can be calculated from the retained earnings added.

Q: At the end of last year, ArtisanCo's assets totaled $877,000 and its liabilities totaled $748,500.…

A: Ending total assets = Beginning total assets + increase in total assets = $877,000 + $59,700 =…

Q: Your company declared $13,800 cash dividen dividends payable at the beginning of the year and $2,800…

A: Beginning dividends payable = $6,400 Cash dividends declared = $13,800 Ending dividends payable =…

Q: in the firm's most recent financial statements, newhouse, inc. reported 57 mil usd of ni and 808 mil…

A: Let's say, RE represents retained earning, NI represents net income and D represents dividends…

Q: The net income of​ Hendley, Inc. for the year is $35,000. The dividends declared during the year…

A: Increase (decrease) in Retained Earnings = Net income for the year - Dividends declared during the…

Q: For the year, the Bridgewater Co. has net income of $27,400, net new equity of $12,000, and an…

A: Dividend is paid out of net income and income remaining after the dividend is added to retained…

Q: Firm L had net assets at the end of the year of $415,000 .The only transactions affecting…

A: Beginning stock holders equity + Ending stockholders equity / 2 = Average stockholders equity…

Q: In its most recent financial statements, Nessler Inc. reported $75 million of net income and $825…

A: Given: Beginning retained earnings $784 million Net income $75 million Ending retained earnings $825…

Q: In its recent income statement, Smith Software Inc. reported $11 million of net income, and in its…

A: Retained earning means from the total profits and available…

Q: Develop Rattner’s end-ofyear statement of stockholders’ equity. f. If the firm’s stock price at…

A: EVA and MVA are the two methods used to value a company. EVA is the economic value added and MVA is…

Q: How much in dividends were paid to shareholders during the year? Assume that In its most recent…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Your company declared $13,800 cash dividends on stock. There were $6,400 in dividends payable at the…

A: Formula: Dividends paid during the year = Beginning dividends + Dividends declared - Ending…

Q: The following information is available for Metlock Hill Corporation: Beginning common stockholders'…

A: Common Stockholder- A common shareholder is an person, company, or organization that holds ordinary…

Q: The balance sheets for Crosby Inc. and Gretzky Company reflect the following. Crosby Inc Gretzky…

A: For Crosby Inc. a. Total liabilities to equity ratio = (Current liabilities + long term…

Q: What is the earnings per share?

A: Calculate earnings available to common stockholders: Earnings available to common stockholders = Net…

Q: Atl Corp reports the following amounts at the end of Year 1 Operations: Common Stock $200,000…

A: Retained earnings:  It is that portion of the profit that is not distributed as dividends but…