Story Corporation had net income of $300,000 in 2018. The weighted average number of shares outstanding in 2018 was 100,000 shares. Donner Corporation's common stock is selling for $36 per share on the New York Stock Exchange. Story Corporation's price-earnings ratio is... (A) 10 times (B) 12 times (C) 36 times (D) 72 times

Q: On December 31, 2017, Berclair Inc. had 600 million shares of common stock and 7 million shares of…

A: Shares: - Total capital of a company s divided into units of small denominations. Each unit is known…

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

A:

Q: Compute diluted earnings per share

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

Q: During 2018, Longhorn Corp. had net income of $300,000 and paid dividends to its preferred…

A: The question is based on the concept of Shares and debentures.

Q: At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 1,000 million shares of…

A: Formula: Earnings per share = (Net Income - Preferred dividends) / No. of common shares outstanding…

Q: Sheridan Corporation had net income of $470000 and paid dividends to comman stackholders of $34780…

A: Formula: Payout ratio = ( Dividends paid / Net income ) x 100 Division of net income with Dividends…

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: Towson Corp., was organized on January 2, 2018. During the first year of operation, Towson issued…

A: No of shares issued = 60,000 shares Par value of shares issued = $2 Net Income = $250,000 Dividend =…

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: Marigold Corporation had net income of $1650000 and paid dividends to common stockholders of $400000…

A: Income statement: The income statement is one of the three primary financial statements used to…

Q: On December 31, 2015, Berclair Inc. had 200 million shares of common stock and 3 million shares of…

A:

Q: Bertram Corporation had net income of $325,000 and paid dividends to common stockholders of $50,000…

A: Dividend payout ratio is calculated by dividing the total dividend paid by the net income earned…

Q: Sunland Inc. began operations in January 2018 and reported the following results for each of its 3…

A: Book value of common stock: It is the face value of common stock available to the shareholders.

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: Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $300,000…

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

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

A:

Q: At December 31, 2015 and 2016, Funk & Noble Corporation had outstanding 820 million shares of…

A: Preferrence Dividend  = No. of share x Par value per share x rate of dividend = 2 million x $100 x…

Q: In 2017, Hollis Corporation reported net income of $1,000,000. It declared and paid preferred stock…

A: Earnings per share on common stock: It is a financial ratio. It is calculating by divides net…

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: FRANCE, INC. began operations in January 2016, and reported the following results for each of its…

A: Answer: Book Value: It is the equity of the company and the book value per share is indicated the…

Q: On December 31, 2020, the Frisbee Company had 262,000 shares of common stock issued and outstanding.…

A: Earnings per share indicate the profits per share of common stockholders. It can be calculated by…

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: Concord Corporation had net income of $203000 and paid dividends to common stockholders of $35000 in…

A: The total price-earnings ratio has been calculated by dividing the market price per share by…

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

A:

Q: Lerner Company had the following transactions in 2017, its first year of operations: Issued 20,000…

A: The following computations are done for Lerner Company.

Q: FRANCE, INC. began operations in January 2016, and reported the following results for each of its…

A: Book Value  Per shares: It is the minimum value of equity per-share basis and is  calculated by…

Q: Bramble Inc. began operations in January 2018 and reported the following results for each of its 3…

A: Requirement 1:

Q: Oman Company has 1,500 shares of stock outstanding. The price-earnings ratio for 2018 is 21. If the…

A: Ratio analysis means where different ratio of various years of years companies has been compared and…

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: 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: On December 31, 2017 Berclair Inc. had 520 million shares of common stock and 3 million shares of…

A:

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: 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: Q. Colson Corp. had $800,000 net income in 2018. On January 1, 2018 there were 200,000 shares of…

A: Earnings per share can be referred to as a measure which is used to indicate the profit which is…

Q: Crane Inc. began operations in January 2018 and reported the following results for each of its 3…

A: a)Computation of the book value of the common stock at December 31, 2020 as follows:- Computation…

Q: Ale Corporation had net income of $2,040,000 and paid dividends to common stockholders of $400,000…

A: Earnings per share = Net income/Weighted average of shares outstanding Price-earnings ratio = Market…

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

A: Answer) Calculation of Earnings per Common Share Earnings per common share = Earnings available for…

Q: Belltower, Inc. has net income for 2016 of $370,000. At January 1, 2016, the company had outstanding…

A: The earning per share is known as the value earned by shareholders as per their holdings. It can…

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

A: Payout ratio means how much amount of dividends has been paid out of net income available for equity…

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: 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: Sheridan Corporation had net income of $470000 and paid dividends to common stockholders of $34780…

A: Given,  Net income = $470,000 Dividends paid to common stockholders = $34,780

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

A: The answer is as fallows

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: Compute for the book value of preference shares on December 31, 2018 and book value of ordinary…

A: FRANCE, INC. began operations in January 2016, and reported the following results for each of its…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.