National Company's net income last year was P75,000. The company paid preferred dividends of P12,000 and its average common stockholders' equity was P480,000. The company's return on common stockholders' equity for the year was closest to:

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: Richards Corporation had net income of $196,700 and paid dividends to common stockholders of…

A: Earning per Share= Net income-(preferred stock dividend)/No. of shares outstanding Price earning…

Q: Bedard Corporation reported net income of $300,000 in 2020 and had 200,000 shares of common stock…

A: Formula to calculate diluted earnings per share (DEPS): DEPS = Net income attributable to common…

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: What is Jupiter Corporation’s weighted average number of shares for the year?

A: Answer:   975

Q: Financial statement data for this year and last year for Hanscombe Corp. are as follows: Current…

A: Earnings per share =(Net Income-Preferred Dividend)/Number of shares outstanding…

Q: For the year 201B, ABC Company's return on common stockholders' equity was 12.5%. Its average…

A: Return on common stockholders' equity indicates the rate of earning of commons stockholders on their…

Q: ViewPoint Security's financial statements, which were constructed a few days ago, report the company…

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

Q: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 15%, its…

A: The Weighted Average Cost of Capital(WACC) refers to the financial ratio that calculates the overall…

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: Kelley Company reports $960,000 of net Income and declares \$120,000 of cash dividends on its…

A: Earnings per share refer to the amount earned by each stockholder. This can be identified by…

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Common Stock dividend Yield = Common Dividend/ Market Price of Common Share

Q: What is the book value per share?   If the stock currently sells for $63 per share, what is the…

A: Given the following information: Additions to retained earnings: $213,000 Dividends paid: $183,000…

Q: Richards Corporation had net income of $305,067 and paid dividends to common stockholders of…

A: Price earnings ratio: It is the ratio used for valuing the company and to measure whether the…

Q: Lawrence Industries' beginning-of-year common stockholders' equity was $625,000 and its end-of-year…

A: Formula: Return on common stock holders equity = Net income available to common share holders /…

Q: For the year that just ended, Leaf Manufacturing had net income of $786,400 and preferred dividends…

A: Earning Per Share Earnings per share (EPS) is calculated as a company's profit divided by the…

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: 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: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Formula;Dividend yield=Dividend per common shareMarket price per common share

Q: The average stockholder's equity for horn co. last year was P3,000,000. Included in this figure was…

A: The net income earned during the year will be aggregate of Earnings available for common Stock…

Q: National Company's net income last year was P75,000. The company paid preferred dividends of P12,000…

A: Calculate the income available to the common stockholders' by deducting the preferred dividends…

Q: The average stockholder's equity for Stan Company was P 2M. Included in this figure is P 200,000 par…

A: At the time of distribution of profits, preference stockholders are given preference over the…

Q: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 14%, its…

A: WACC is the weighted average cost of procuring funds from various sources such as equity, debt, etc.…

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: On June 30, Setzer Corporation had a market price of $46 per share of common stock. For the previous…

A: Dividend yield = Annual dividend/Market price

Q: On June 30, setzer corporation had a market price of $100 per share of common stock. For the…

A: The dividend yield is used to compare the dividend-paying stocks. It can be calculated by dividing…

Q: Blunderbluss Manufacturing's balance sheets report $280 million in total debt, $84 million in…

A: There are various types of value an entity holds like intrinsic value or market value.

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2…

A: Year 1 Year 2 Net Income $35000 $55000 Less: Preferred stock dividends 3000 3000 Earnings…

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: For its fiscal year- end, Calvan Water Corporation (CWC) reported net income of $12 million and a…

A: Before calculating diluted EPS, you need to calculate number of common stock increse due to…

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: The balance sheet for Larry underwood Motors shows a book value of stockholders’ equity (book value…

A: PE Ratio = Market Value per shareEarnings per share Book Value per share = Total Shareholder's…

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: At the end of this fiscal year, ABC Company's balance sheet showed $5,470,208 of long term debt,…

A: Market value of capital = Market value of long term debt + Market value of equity shares and…

Q: Crane Jewelers management announced that the company had net earnings of $4,356,000 for this year.…

A: Given: Net earnings = $4,356,000 Shares outstanding = $1,613,000 Stock price = $ 68.91

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: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 16%, its…

A: Data given: Cost of equity(Ke) = 16% Before-tax cost of debt (Kd) = 8% Tax rate (T) = 25% Total debt…

Q: Livestone Company's net income last year was P371,000. The company has 100,000 shares of common…

A: Earning per share is calculated to determine the earnings available for the common stockholders from…

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: 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: Blunderbluss Manufacturing’s balance sheets report $200 million in total debt, $70 million in…

A: Data given:: Total debt                             = $200 million Short-term investments       =…

Q: Fulmer Company's net income in 2008 was $220,000. The company paid preferred dividends of $42,000…

A: Given the following information: Net income: $220,000 Preferred dividends paid: $42,000 Average…

Q: At the end of the accounting period, Houston Company had $8,000 of par value common stock issued,…

A: Stockholders equity include common stock, retained earning but does not include treasury stock.

Q: Los Altos, Inc., disclosed the following information in a recent annual report:   Year 1 Year 2…

A: The return on common stockholders' equity is the percentage measure of earnings available to common…

Q: Kliza Company's net income last year was P130,000. The company paid preferred dividends of P42,000…

A: Return on equity (ROE) refers to the evaluation of the profitability of a company through the…

Q: ABC Company had addition to retained earnings for the current fiscal year just ended of $395,000.…

A: Since, there are more than three parts in one question, the answer for first four parts is provided…

Q: What was its P/E ratio?

A: The price-to-earnings ratio (P/E ratio) is the ratio for measuring the relationship between the…