Landers Nursery and Garden Stores has current assets of $220,000 and fixed assets of $170,000. Current liabilities are $80,000 and long-term liabilities are $140,000. There is $40,000 in preferred stock outstanding and the firm has issued 25,000 shares of common stock. Compute book value (net worth) per share.

Q: Theodore Company has 100,000 shares of P10 par value common stock issued and outstanding. Total…

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

Q: Novak Corporation earned $371,000 during a period when it had an average of 100,000 shares of common…

A: Formula: Earnings per share = ( Net income - Total preferred dividends ) / Total outstanding shares

Q: James Corporation earned net income of $90,000 this year. The company began the year with 600 shares…

A: Theory part: EPS: Full form of EPS is Earnings per share. This ratio tells the profit earned on each…

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: Ecker Company reports $1,950,000 of net income and declares $273,000 of cash dividends on its…

A: In order to determine the Earning per share, the Earnings available to common shareholders are…

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: earnings per share

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

Q: Bonita Corporation earned $405,000 during a period when it had an average of 100,000 shares of…

A: Basic Earnings Per Share = Net Earnings / Average Number of Shares Diluted EPS = Net Earnings /…

Q: You are computing annual earnings per share and required disclosures for Garcia Fencing based on​…

A: Earning per share of the company is the net income after tax reduced by Preference dividend divided…

Q: Ecker Company reports $1,800,000 of net income and declares $252,000 of cash dividends on its…

A: Basic earnings per share = Net income available to common stockholders / Weighted average shares of…

Q: Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common…

A: Incremental shares = [(Market price per share - exercised price per share)/Market price per share…

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: Fischer Company has outstanding 8,000 shares of $100 par value, 5% preferred stock, and 50,000…

A: Dividends: This is the amount of cash distributed to stockholders by a company out its earnings,…

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: The price-earnings ratio is closest to:

A: Formula: PE Ratio= Market Value Per ShareEarning Paer Share Earining Per Share= Net Income-…

Q: Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common…

A: Net income of the corporation=$360,000 Number of common shares outstanding=100,000 Number of…

Q: Richards Corporation had net income of $241,562 and paid dividends to common stockholders of…

A: Price earning ratio is calculated as market value of share divided by earning per share. Earning per…

Q: Ecker Company reports $1,300,000 of net income and declares $182,000 of cash dividends on its…

A: Preferred stock are the shares which holds priviledge rights on dividends . Basically, these shares…

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

A: cash flow from operations = net income + depreciation net income  = (85,000 - 50,000 - 7,500 -…

Q: A company has an authorized capital of 10,000 common shares of $10 par value and 7,500 common shares…

A: Journal entry: An act of recording the daily transaction of a firm in the journal is called journal…

Q: Jet Company's summarized financial statement information for the beginning of the year is as…

A: Final accounts: A final account is one in which we first create trading accounts, then a profit and…

Q: The following information pertains to Benedict Company. Assume that all balance sheet amounts…

A: Return on common stockholders' equity ratio = (Net income - Preferred dividends) / Stockholders'…

Q: Jet Company's summarized financial statement information for the beginning of the year is as…

A: Financial statement is a report which shows the transactions or events occur in a period. It is used…

Q: Amigo Software Inc. has total assets of $823,000, current liabilities of $248,000, and long-term…

A: a. given, total assets=$823,000 current liabilities=$248,000 long term liabilities=$147,000…

Q: Squash Delight Inc. has the following balance sheet:         Assets Cash $ 100,000 Accounts…

A: Stock dividend refers to the payment made to the shareholders in the form of dividends which is made…

Q: Amigo Software Inc. has total assets of $834,000, current liabilities of $155,000, and long-term…

A: A type of publicly traded security that provides ownership and voting rights to its holder is term…

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: Benkart Corporation has sales of \$5,000,000 , net Income of 800,000, total assets of \$2,000,000 ,…

A: A ratio that provides information regarding the share price of a company by relating it to the…

Q: Riley Company paid cash dividends of P840,000 and reported net income of P2,170,000. The ordinary…

A: Book value of ordinary share is the the total ordinary shareholders equity plus net income less cash…

Q: Company A has net sales revenue of $780,000, cost of goods sold of $343,200 and all other expenses…

A: Basic EPS = Net Income / Weighted Average No. of Shares Sales Revenue = $780000 Cost of Goods Sold =…

Q: Dynasty Company has current assets of $50,000 and long-term assets of $45,000. Its totalliabilities…

A: Accounting equation: Accounting equation is an accounting tool expressed in the form of equation,…

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: Milo Co. had 800,000 shares of common stock outstanding on January 1, issued 126,000 shares on May…

A: Basic earnings per share = (Net income - Preferred dividend) / Weighted average no. of common shares…

Q: A company has an authorized capital of 10,000 common shares of $10 par value and 7,500 common shares…

A: Stockholders’ equity is the measure of assets staying in a business after the sum total of the…

Q: China Imports currently has 2,000 shares of common stock outstanding. The firm has assets of…

A: Book value per share =  (Total Common Stockholders Equity – Preferred Stock) / Number of Common…

Q: James Corporation earned net income of $90,000 this year. The company began the year with 600 shares…

A: First, compute the weighted average common stock outstanding Weighted average common stock…

Q: Davidson Company has 10,000,000 common shares issued and 500,000 shares of treasury stock. The…

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

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

A: Since you have asked a question with multiple parts, we will solve the first 3 parts for you. Please…

Q: Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars):…

A: Given: Particulars Common stock Preferred stock Debt Earning per share $4.10     Stock price…

Q: Richards Corporation had net income of $231,470 and paid dividends to common stockholders of…

A: Price-earning ratio refers to the ratio which conveys the worth of the company. In other words,…

Q: A bottled gas company has 200,000 common shares authorized, 400,000 common shares issued and 15,000…

A: Total Dividends Paid = (Total Shares issued - Treasury Stock)Dividend Per share Dividend Yield =…

Q: Oman Company has a common stock of $5,500, a paid-in surplus of $8,200, tota liabilities of $6,600,…

A: Total assets = Fixed assets + current assets = 16900 + 7200 = $24,100