Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid out $180,000 in cash dividends, and it has ending total equity of $4.85 million. The company currently has 150,000 shares of common stock outstanding.   What are earnings per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

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A: Formula: EPS = ( Net income - Preferred dividends ) / Total weighted average outstanding shares

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A: Formula: Earnings per share = Earnings available for Common Stockholders’/ Weighted Average number…

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Q: Florida Co. just paid total dividends of $750,000 and reported additions to retained earnings of…

A: Dividend paid =$750,000 Addition retained earnings =$2250000 Shares =585000 PE ratio= 16 times

Q: Gilmore, Inc., had equity of $215,000 at the beginning of the year. At the end of the year, the…

A: The maximum growth which a firm can achieve by using internal resources and fund is known as…

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…

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A: Earnings per share(EPS): EPS = Net income / Out standing equity shares EPS = $2,100,000/ 500,000 EPS…

Q: In its most recent financial statements, Nessler Inc. reported $35 million of net income and $420…

A: The term retained earnings refer to the amount of net income that is distributed among the…

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: Rossdale, Inc., had additions to retained earnings for the year just ended of $575,000. The firm…

A: 1.Calculate the earnings per share as follows:

Q: Makers Corp. had additions to retained earnings for the year just ended of $194,000. The firm paid…

A: The price sales ratio is calculated as market price of shares divided by Annual sales.

Q: Gilmore, Inc., had equity of $130,000 at the beginning of the year. At the end of the year, the…

A: The maximum growth which a firm can achieve by using undistributed earnings is known as internal…

Q: What is the net income for the current year? During the year, Homo sold 100,000 shares with P20 par…

A: Net income for the current year This can be arrived using the Cash flow statement as follows:

Q: Gilmore, Inc., had equity of $160,000 at the beginning of the year. At the end of the year, the…

A: Equity=$160000Total assets=$315000Net income=$34000Dividends=$4400

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: On December 31, 2014, Bradshaw Corporation had $485,000 as an ending balance for its retained…

A: opening balance of retained earnings as of jan1 2015 = $485000 dividend declared during the year =…

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: Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid…

A: Given the following information: Additions to retained earnings: $285,000 Dividends paid in cash:…

Q: Makers Corp. had additions to retained earnings for the year just ended of $415,000. The firm paid…

A: The question has 6 sub-parts to be answered. As per guidelines, we must answer first two sub-parts…

Q: Longmont Corporation earned net income of $85,000 this year. The company began the year with 700…

A: Formula: EPS = ( Net income - Preferred dividend)  / ( Outstanding common shares )

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: For 2007, Flamingo Products had net income of $1,000,000. On 1 January 2007, there were 1,000,000…

A: EPS:- EPS stands for Earning Per Share. It shows how much money a firm makes for each share of its…

Q: James Corporation earned net income of $94,000 this year. The company began the year with 500 shares…

A: EPS = (Net income - Preferred dividend)/Weighted average number of shares

Q: Last year K. Billingsworth & Co. had earnings per shareof $4 and dividends per share of $2.…

A: The calculation is shown: Hence, debt to total capital is 33.33%.

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

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

Q: PickApart Arts, Inc., had earnings of $565,300 for the year. The company had 55,000 shares of common…

A: Preferred dividend = No. Od preferred stock x dividend per share = 23000 shares x $2.10 per share =…

Q: Dove, Inc., had additions to retained earnings for the year just ended of $638,000. The firm paid…

A: Calculation of above requirement are as follows.

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

A: EPS = (Net income - Preferred dividend)/Weighted average number of shares Numerator = Net income -…

Q: Junkyard Arts, Inc., had earnings of $316,000 for the year. The company had 40,000 shares of common…

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

Q: If the stock currently sells for $77 per share, what is the market-to-book ratio? Makers Corp. had…

A: Market to book ratio = Market price / Book value per share

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $605…

A: Retained earnings are the cumulation of net income that remains after paying the dividends to the…

Q: Calculate earnings per share. Earnings per share = $Answer   b) Calculate the dividend yield.…

A: Earning per share :— It is the value of earnings available to equity shareholders per number of…

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: Gilmore, Inc., had equity of $175,000 at the beginning of the year. At the end of the year, the…

A: Excel Spreadsheet: Excel Workings:

Q: Pharoah Jewelers management announced that the company had net earnings of $8,107,000 for this year.…

A: Earnings per share is calculated by dividing the net earnings by the outstanding shares.

Q: Bolton Corporation had additions to retained earnings for the year just ended of $230,000. The firm…

A: The relation between the closing market price of a share and its book value is known as the…

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: Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid…

A: Book value per share (BVPS) indicates the accounting value of every share of stock of any listed…

Q: Gilmore, Inc., had equity of $160,000 at the beginning of the year. At the end of the year, the…

A: Internal growth rate is the rate that a business can obtain without making outside financing. It…

Q: Griffins Goat Farm, Inc., has sales of $670,000, costs of $332,000, depreciation expense of $76,000,…

A: Income before tax = Sales - Cost -Depreciation - Interest expenses    = 670000 - 332000-76000-48000…

Q: Gilmore, Inc., had equity of $145,000 at the beginning of the year. At the end of the year, the…

A: Internal growth rate defines the growth rate that a company may be able to gain when no outside…

Q: Arya Inc.'s latest net income was $1,250,000, and it had 225,000 shares outstanding. The company…

A: Net income = $ 1,250,000 Number of shares = 225,000 Payout ratio = 45%

Q: Catena's Marketing Company has the following adjusted trial balance at the end of the current year.…

A: Statement of Stockholder's Equity is a summary reports which contains the Opening Balance and…

Q: PickApart Arts, Inc., had earnings of $398,000 for the year. The company had 44,000 shares of common…

A: It is the income which is available to the common shareholders per share after giving preferred…

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

A: Introduction: EPS : EPS stands for Earnings per share. It tells the profit earned on each…

Q: Junkyard Arts, Inc., had earnings of $446,400 for the year. The company had 54,000 shares of common…

A: Junkyard earnings = $ 446400 Common stock outstanding = 54000 shares Number of preferred stock =…

Q: 1. In its most recent financial statements, Nessler Inc. reported $50 million of net income and $550…

A: Net Income = $50 million Current Retained Earning =$550 million Previous Retained Earning = $512…