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... O 10.0 times 12.0 times O 36.0 times 72.0 times

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: 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: ​Commons, Inc. provides the following information for​ 2018:   Net income $ 38 comma…

A: Dividend Yield refers to the dividend per share divided by price per share. It shows total income…

Q: Rockland Corporation earned net income of $300,000 in 2017 and had 100,000 shares of common stock…

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

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: At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 840 million shares of…

A: Earnings per Share: Earnings per share help to measure the profitability of a company. Earnings per…

Q: At December 31, 2020, Sager Co. had 1,200,000 shares of common stock outstanding. In addition, Sager…

A: Diluted earnings per share =  Net Income /(Weighted average number of ordinary and dilutive…

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: Brisky Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2017. Expenses…

A: Earnings per share: It is to be calculated , preferred dividend part is to be deducted from the net…

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: During 2020, ABC Co. had net income of $900,000. The company has 20,000 shares of 5%, $100 par,…

A: Basic EPS is calculated by dividing the net income by total number of outstanding shares.Diluted EPS…

Q: Prepare a condensed multiple-step income statement for Brisky Corporation. (Round earnings per share…

A: Solution:- Given,  Brisky corporation had net sales = $2,400,000 Interest revenue = $31,000 Selling…

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

A: There are two methods of calculation of payout ratios 1) outstanding share method (DPS/EPS) *100 2)…

Q: During 2019 Sasha Corporation reported a net income of $1,529,500. On January 1, 2020, Sasha had…

A: Part of shares issued on oct 1=210,000×312=52,500

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: 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: Gonzalez Company reported net income of $2,600 million in 2016. The weighted average number of…

A: Basic earnings per share are the amount that represents the earnings allocable to each common share…

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

A:

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

A: Introduction: Dividend payout ratio: This ratio tells the how much dividend is distributed with its…

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

A:

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: 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: Nash Corporation had net sales of $2,417,500 and interest revenue of $39,900 during 2017. Expenses…

A: Multi-step income statement: The income statement represented in multi-steps with several subtotals,…

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: 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: Macaroon Inc. has net income for 2016 of $272,000. At January 1, 2016, the company had outstanding…

A: Working note: Computation of weighted average number of common shares outstanding: Weighted average…

Q: Phelps, Inc. had assets of $84,556, liabilities of $18,556, and 12,778 shares of outstanding common…

A: The comapny has provided financial information for the year 2017 and 2018  Required  1. EPS for the…

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

A:

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: Belton, Inc. had the following transactions in 2018, its first year of operations: Issued 37,000…

A: The total paid-in capital will be calculated by multiplying the shares issued by the company by the…

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: 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: Pina Colada Corp. had net income of $1612000 and paid dividends to common stockholders of $403000 in…

A: The question is based on the concept of Payout ratio

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: Bonita Corporation had net income of $1.950,000 and paid dividends to common stockholders of…

A: Dividend means the amount given to shareholder of the company as profit distribution by company.…

Q: Triumph​'s has 40,000 common shares outstanding during 2018. Requirement 1. Compute earnings per…

A: The following computations are done for Triumph's Companies.

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: On December 31, 2020 and 2021, Jimenez Corporation had 100,000 shares consisting of 90,000 shares…

A:

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.