Sarunas Corporation reported net income of $300,000 in 2018 and had 200,000 shares of common stock outstanding throughout the year. Also outstanding all year were 30,000 options to purchase common stock at $10 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share.

Q: The previous year's balance sheet for Brown's Produce showed total common equity of…

A: Given information: Previous year’s common equity is $4,050,000 Net income during the year is…

Q: Ecker Company reports $1,825,000 of net income for 2017 and declares $255,500 of cash dividends on…

A: Formula: Net income available to common stockholders=Net income for the year-Dividends on preferred…

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: During 2018, Baird Corporation reported after-tax net income of $3,620,000. During the year, the…

A: 1.  Determine the earnings per share:

Q: At December 31, 2020, Reid Company had 600,000 shares of common stock issued and outstanding,…

A:

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

A: Diluted earnings per share: It can be defined as the company’s earnings per share, assuming all the…

Q: Compute diluted earnings per share

A: Earnings per share is a financial measure that determines the residual earnings generated by each…

Q: skysong corporation reported net income of $256,960 in 2020 and had 47,400 shares of commonstock…

A: Converted preferred shares=Number of share×2=5,500×2=11,000

Q: On January 1, 2016, Samuel Company had 21,000 shares of common stock outstanding and issued an…

A: Basic earning per share can be calculated by dividing net income after dividend by the weighted…

Q: Ale Corporation had net income of $240,000 and paid dividends to common stockholders of $40,000 in…

A: Earnings per share=Net incomeWeighted average shares=$240,00060,000=$4

Q: At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 820 million shares of…

A: Preferred Dividend = No. of preferred share x Par value per share x rate of dividend…

Q: Ringmeup Inc. had net income of $186,400 for the year ended December 31, 2019. At the beginning of…

A: Basic Earnings per share of common stock is computed by dividing the Net income less preferred…

Q: Bedard Corporation reported net income of $300,000 in 2017 and had 200,000 shares of common stock…

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

Q: Ringmeup Inc. had net income of $197,300 for the year ended December 31, 2019. At the beginning of…

A: Earnings Per Share: =Earnings attributable to shareholders / Weighted average number of shares…

Q: G. C. Murphey’s 2016 balance sheet shows average stockholders’ equity of $36,000 million, net…

A: In order to determine the return on common stockholders’ equity, the average shareholder's equity is…

Q: On January 1, 2020 ,Herron Corporation purchased 5,000 shares of treasury stock. Other information…

A: Return on Common Stockholders' Equity will be calculated using following Formulae : Return on Common…

Q: DiCenta Corporation reported net income of $270,000 in 2017 and had 50,000 shares of common stock…

A: Formula to calculate diluted earnings per share; Diluted EPS = Net income / weighted average number…

Q: Wendell Company provided the following pertaining to its accounting year that ended December 31,…

A: Additional paid-in capital on Common stock sold = Sale value of Common stock - Par value of Common…

Q: In 2020, Hollis Corporation reported net income of $1,000,000. It declared and paid preferred stock…

A: Earnings per share = (Net income - Preferred dividend) / weighted average of common shares…

Q: On January 1, 2022, Splish Brothers Inc. had $1,320,000 of common stock outstanding that was issued…

A: Definition: Dividends: Dividends are the rewards to the stockholders for investing their money in…

Q: Tomba Corporation had 300,000 shares of common stock outstanding on January 1, 2017. On May 1, Tomba…

A:

Q: Culver Corporation reported net income of $682,000 in 2017 and had 217,000 shares of common stock…

A:

Q: Sealy Corporation had the following information in its financial statements for the years ended 2014…

A: Average common stockholders equity = (Beginning common stockholder's equity + Ending common…

Q: Larkspur Corporation earned $2,859,000 during 2020. The company had a weighted-average of 533,000…

A: Number of shares to be issued in lieu of warrants  =  50,000 warrants2 warrants for one share =…

Q: Carla Corporation reported net income of $644,000 in 2017 and had 234,000 shares of common stock…

A: Diluted Earnings per share = Net Income available to Common stockholders'Number of common stock…

Q: Story Corporation had net income of $300,000 in 2018. The weighted average number of shares…

A: The price earning ratio is considered as the relationship between stock price and earnings per…

Q: Phelps, Incorporated had assets of $67,646, llabilities of $15,466, and 10,718 shares of outstanding…

A: Ratio Analysis :— Ratio analysis is the process of Determination and interpreting numerical…

Q: Layne Corporation had the following information in its financial statements for the years ended 2014…

A:

Q: Snow Cleaners, Inc., had net income of $493,600 for its year ended December 31, 2018. During the…

A: Earning Per Share is the amount of total earning of the firm in a financial year, available to…

Q: Kingbird Corporation had 270,000 shares of common stock outstanding on January 1, 2017. On May 1,…

A:

Q: Ringmeup Inc. had net income of $151,000 for the year ended December 31, 2019. At the beginning of…

A: Calculation of Basic Earnings per share: Thus, Basic Earnings per share is $2.84

Q: At December 31, 2017 and 2018, Funk and Noble corporation had outstanding 760 million shares of…

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

Q: On January 1, 2020, a company issued 10-year, $330,000 face value, 7% bonds, at par. Each $1,000…

A: Potential common stock = (Face value of bonds / par value per bond) x convertible  ratio = ($330,000…

Q: Concord Inc. had net income for 2020 of $5,920,000. The company had 2,200,000 of common shares…

A: Ratio is a tool which is used to measure the firm’s performance and growth by establishing relation…

Q: Marin Company’s net income for 2020 is $691,000, and 91,000 shares of common stock were issued and…

A: Calculation of number of free shares issued under case (a) : Particulars  Amount Proceeds of…

Q: At December 31, 2021, Hancock Company had 500,000 shares of common stock issued and outstanding,…

A: Earnings per share = Net IncomeWeighted Average number of shares

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: The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following:…

A: Balance sheet shows the financial position of an organization at a given time, usually this…

Q: Abajo, Inc. went into business on January 1, 2017 when it issued 100 shares of stock for $10,000. No…

A: Return on Equity = Net IncomeShareholder's Equity it is the measure of financial performance and it…

Q: Denfort corp had 4,000 shares of P7.00, P100 par preferred stock and 50,000 shares of common stock…

A: Earnings per share (EPS) was used to measure profitability. Earnings per share: =(Net income -…

Q: Novak Company’s net income for 2020 is $594,000, and 91,000 shares of common stock were issued and…

A: Diluted Earning Per Share: If all convertible securities were converted, the company's profits per…

Q: Marutzky Corporation had a net income of $2,200,000 for the year 2018.  On January 1, 2018, the…

A: Earning per share is calculated to know the earnings share, every shareholder would get for the…

Q: 1. Gems Co. had net income for 2021 of $400,000. The average number of shares outstanding for the…

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

Q: Purple Cab Company had 60,000 shares of common stock outstanding on January 1, 2021. On April 1,…

A: Weighted average outstanding common stock =  60000 shares + 30000*9/12 = 82500 shares

Q: Ringmeup Inc. had net income of $148,800 for the year ended December 31, 2019. At the beginning of…

A: Weighted average number of outstanding shares = 38,000×412 + 53,000×712 + 48,300×112…

Q: Yakun company had 4,000 shares of P7.00, P100 par preferred stock and 50,000 shares of common stock…

A: Earnings per share refer to the amount of earnings available to the common stockholders for each…

Q: On January 1, 2020, Frontier Corporation had $1,000,000 of common stock outstanding that was issued…

A: Given information is: Outstanding common stock = $10,00,000 Retained Earnings = $750,000 Net income…

Q: In 2020, Concord Corporation reported net income of $1,015,200. It declared and paid preferred stock…

A: Step 1 Earnings per share is the income attributed to each outstanding equity share commonly…

Stock Yields

The stock yield is otherwise known as the dividend yield. The dividend yield is an annual payment of the stock dividends to the holder of a firm’s stock. The dividend yield is a financial ratio to measure the value of dividend payout every year for the relative stock price. The yield of a stock is usually shown in a percentage that discloses the expected future earnings from stock depending on the current stock price in the future. Stock yield will change depending on the market fluctuations and in accordance with the market fluctuations, the dividends will be increased or decreased by the firm.