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?

Q: Monty Co. invested $920,000 in Flounder Co. for 25% of its outstanding stock. Flounder Co. pays out…

A: State the amount of Monty Co.’s share of Flounder Co.’s net income for the year: $110,000 increase…

Q: Reliable Auto Parts has 5,000 shares of common stock outstanding. The company also has the following…

A: Sales = 85,000 General and admin expenses = 7,500 Interest = 3,500 Depreciation = 5,000 Selling…

Q: Peters, Inc. wants to find out the maximum amount of cash dividends it can pay this year.  The…

A: Working note:

Q: The book value of a company is $15 per share and the total commonstockholders’ equity is $45…

A: Common stock is the share of a company that gives ownership to a portion of the company. Companies…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: The dividend is paid to shareholders from the retained earnings of the business.

Q: Griffins Goat Farm, Inc., has sales of $677,000, costs of $339,000, depreciation expense of $83,000,…

A: Earning per share is ratio of net income left for common share holders and the outstanding shares.…

Q: How much are the total earnings will be available for common stock holders? Calculate the Earnings…

A: Earnings available to shareholders is the amount which can be distributed to the shareholders. It…

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: A public company has a book value of $128 million.  They have 20 million shares outstanding, with a…

A: Book value of the company is the total value on the balance sheet and is calculated as the…

Q: Griffins Goat Farm, Inc., has sales of $671,000, costs of $333,000, depreciation expense of $77,000,…

A: Total Dividend Paid  $   44,500.00  No. of Shares       28,000.00 Tax Rate 24% Sales…

Q: LILSO’s group's published annual report showed the following: -Operating profit for the year was…

A: Earnings available to common stockholders = Net Profit -Preference Dividend Earnings Per Share =…

Q: A firm earns $895 million in profits and pays $626 million in dividends for the year. The firm has…

A: Preferred stocks are those stocks that do not carry voting rights but pays a set schedule of…

Q: A firm earns $895 million in profits and pays $626 million in dividends for the year. The firm has…

A: Dividend: The dividends are the returns provided to the shareholders by the company. The dividends…

Q: What is the dividend payout ratio?

A: The correct answer is 60%

Q: A firm has 100,000 shares of stock outstanding, sales of $721,300, net income $95,000, a tax rate of…

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

Q: The value of equity is $150,000,000. The return on equity is 15%, the cost of capital is 18% and the…

A: Given; Return on equity = 15% Total equity = $150,000,000 Retention ratio = 60%…

Q: Griffins Goat Farm, Ic., has sales of $681,000, costs of $343,000, depreciation expense of $87,000,…

A: The income that a common shareholder earns on the shares which are under the possession of the…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Preferred Shareholder have a preference over dividend than common shareholder. If any dividend is…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Dividend Per Share: It is the declared dividends  which is issued by a company for every ordinary…

Q: The Firm had sales of $33 million, operating expenses of $14 million, interest of $4 million and…

A: Net Income: The net income of the business is determined by subtracting the total expenses from the…

Q: LILSO’s group's published annual report showed the following: -Operating profit for the year was EGP…

A: The income that a common shareholder earns on the shares which are under the possession of the…

Q: Your firm has net income of $210,000. The number of outstanding shares of common stock is 140,000.…

A: Common stockholders are considered as the owner of the company to which a regular income is provided…

Q: Boe Company has owners' equity of P400,000 and net income of P66,000. It has a payout ratio of 20%…

A: Dividend payout ratio means the amount of dividend distributed as compared to earning. Return on…

Q: firm earns $895 million in profits and pays $626 million in dividends for the year. The firm has…

A: The earnings per share is calculated as net income divided by number of issued and outstanding…

Q: The Namleda Corporation has an income statement that indicates thatoperating income is $2,375,486…

A: The part of a company’s profit which is attributable to its equity shareholders is called Earnings…

Q: A firm earns $895 million in profits and pays $626 million in dividends for the year. The firm has…

A: Dividend: The dividends are the returns provided to the shareholders by the company. The dividends…

Q: price-to-earnings ratio

A: Price to earnings ratio refers to the ratio who is valuing a company which measured the current…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Preferred shareholders are paid in priority over the common shareholders.

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Lets start the answer with understanding of, Preferred stock:- It is a type of stock which entitles…

Q: Byrd Lumber has 1 million shares of common stock outstanding and its stock price is $35 a share. On…

A: The capital structure of a firm represents different sources of finance employed in the business.…

Q: Prepare an income statement for the Franklin kite Co. Take your calculations all the way to…

A: Income statement is statement showing net earnings for the period it do not include dividends as…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

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

Q: New Mexico Lumber recently reported that its earnings per share were $3.00.  The company has 400,000…

A: EBIT stands for Earnings Before Interest and Taxes. It is a net income of company before deducting…

Q: (Working with the income​ statement)  If the Marifield Steel Fabrication Company earned $463,000 in…

A: Earning per share (EPS) is the ratio that describes how much profit is earned by the company for…

Q: Kawther Inc. has net income of $200,000, average equity/ordinary shares outstanding of 40,000, and…

A: Earnings per share = (Net Income - preferred dividend) /ordinary shares outstanding

Q: Helmuth Inc's latest net income was $1,210,000, and it had 225,000 shares outstanding. The company…

A: The portion of the earnings that are distributed among the common shareholders is termed as the…

Q: he board of directors of a human resources outsourcing company has declared a dividend of…

A: given, total dividend = $3000,000 dividend per share of preferred stock = $0.60 number of preferred…

Q: Use the information below to build a properly formatted income statement. A: The firm has…

A: We shall first calculate the net income using the following formula -  Net income = Shares…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Dividends due the preferred shareholders=No. of preferred shares×Dividend per share Dividend per…

Q: Griffins Goat Farm, Inc., has sales of $667,000, costs of $329,000, depreciation expense of $73,000,…

A: Earning per share indicates that how much money a company makes for each share. It is calculated by…

Q: A firm earns $895 million in profits and pays $626 million in dividends for the year. The firm has…

A: Number of common shares = 390 million Number of preferred shares = 135 million Preferred dividend =…

Q: A firm has a market value equal to its book value. Currently, the firm has excess cash of $7,000 and…

A: Market Value = Book Value Excess Cash = 7000 Other Assets = 21000 Equity = 28000 Number of shares…

Q: Boe Company has owners' equity of P400,000 and net income of P66,000. It has a payout ratio of 20%…

A: Calculation: Formula snip: