What is the shareholders' equity at year-end? a. 9,500,000 b. 8,900,000 c. 7,400,000 d. 7,500,000
Q: "What was the return on net worth for the year?' Investment Assets at Year End $170,000 Investment…
A: Net worth refers to the total assets owned by the business after reducing total liabilities from it.…
Q: What is the amount of ending retained earnings in the following case? Beginning retained earnings =…
A: Retained earnings is the amount of earning retained by the company out of its profits.
Q: Q4. ABC Company has opening stock of $50000 purchased goods worth $150,000 during the year and…
A: Note: I am supposed to provide the solution of (Question number 4). Please repost the remaining…
Q: company’s
A: Introduction: The term shareholders equity can also be referred to as stockholders equity represents…
Q: 60) Given the information below about ABC, what was the amount of dividends the company paid in the…
A: Dividends: This is the amount of cash distributed to stockholders by a company out of its…
Q: What amount should be reported as shareholder's equity at year-end? a. 5,200,000 b. 5,500,000 c.…
A: Authorized share capital 5,000,000 Unissued share capital 2,000,000 Subscribed share capital…
Q: Stefan Company’s ratio of Liabilities to Stockholders’ Equity is 0.6. If the company’s total assets…
A: Liabilities to Stockholder’s Equity = 0.6:1 Total Assets = $48,000 Total of Total Liabilities +…
Q: Total equity 145k at the beginning of the year, 210k in revenues 165k in expenses for the year.…
A: Since, Basic accounting equation is Total assets = Total liabilities + Total equity
Q: The Dividend income/investment income for 20x1: A. 88,500 B. 65,000 C. 61,600 D. 40,000
A: Consolidated Income Statement: It can be referred to as an income statement prepared by the parent…
Q: f the company’s cost of equity is 45%, Interest on Debt is OMR 10,000, market value of equity is OMR…
A: Net Operating Income approach: Under the Net Operating income approach , any change in the debt of…
Q: ABC's Net Income this year was $22,973,000 and there were 19.9 million shares outstanding. If the…
A: formula for PE RATIO: PE ratio=share priceearning per share Formula for Earning per share: earning…
Q: Calculate the Return on equity from the following data. OMR Net Profit after Tax 6,00,000 10%…
A: The fraction of net profit after tax and equity share capital is known as return on equity. The…
Q: Price paid cash , Number of shares, Market Price per share be? Would it be? Cash: $480,000 Number…
A: A business combination is a transaction in which the acquirer obtains control of another business…
Q: A firm paid 60% of net income out in dividends. Its dividend payout ratio was 60%. The dividend per…
A: Dividend Payout = 60% of Earning Per Share 1.20 = 60% * Earning Per Share Earning Per Share = 1.20 /…
Q: What is the total annual dividend received from owning 75 shares of stock A, Company A issues a…
A: Dividend is defined as the distribution of profits by the company to their shareholders. When the…
Q: The value of equity is $150,000,000. The return on equity is 15%, the cost of capital is 18% and the…
A: Given; Return on equity = 15% Total equity = $150,000,000 Retention ratio = 60%…
Q: You have the following information about Trisha Company: total asset = P350,000; common stock equity…
A: The Return On Equity proportion basically calculates the rate of return that perhaps a company's…
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: What amount of dividend income should be reported for the current year? a. 500,000 b. 600,000 с.…
A: calculation of dividend income for current year are as follows
Q: You have the following information about Trisha Company: total asset = P350,000; common stock equity…
A: Return on equity (ROE) seems to be a metric for determining how much a company uses the equity – or…
Q: Using the information in AA8, how much is the total amount of Retained Earnings? P 150,000 P 100,000…
A: Retained earnings means the amount that is left after paying all the expenses and amount that…
Q: Assets $ 80,000 Liabilities 36,000 Retained Earnings 12,000 What is the…
A: Assets = Liabilities + Equity Equity = Assets - Liabilities Equity = Common Stock + Retained…
Q: The treasury stock in Discussion Question 7 is resold for $3,750,000.a. What is the effect on the…
A:
Q: Q2 A. Corporation had net income of $669,000, from January 1 to March 31, A. Corporation had 200,000…
A: Earnings, per share means amount of earnings available for each equity shareholder after payment of…
Q: A company has net income of $34.10 million. Stockholders' equity at the beginning of the year is…
A: The following formula is used to calculate the return on equity ratio: Return on Equity Ratio= Net…
Q: Assets Liabilities Beginning of Year: $27,000 $16,000 End of Year: $61,000 $25,000 4) If…
A: Compute the amount of common stock:
Q: Given the following data: Dec. 31, Year 2 Dec. 31, Year 1 Total liabilities $128,250 $120,000 Total…
A: The ratio of liabilities to stockholders' equity indicates the risk of creditors against the…
Q: The value of equity is $150,000,000. The return on equity is 15%, the cost of capital is 18% and the…
A: Earnings per share is the earnings available for the equity shareholders on each share hold. The…
Q: What is the amount of ending retained earnings in the following case? Beginning retained earnings =…
A: Given information: Beginning retained earnings $200,000 Net income…
Q: 4. What is the entity's projected net income?a. 564,000 b. 171,000 с. 105,000 d. 156,000 5. What is…
A: We need to create the projected income statement.
Q: What is net income? O 30,000 O 44,600 O 55,000 435,000
A: The net income is calculated as difference between revenue and expenses of the current period. Net…
Q: Assume a company provided the following Information: $ 52,000 45,000 55,000 $ $ Net income Number of…
A: Earnings per share shows how much net earnings per share has been earned by the common shareholders.…
Q: Missing amounts from balance sheet and income statement data One item is omitted im each of the…
A: Equity is calculated as difference between assets and liabilities.
Q: Assume a company provided the following information: Net income $ 60,000 Number of common shares…
A: Earning Per share = Earning available to Common Stockholders / Average Share outstanding Earning…
Q: Your company declared $13,800 cash dividends on stock. There were S6, dividends payable at the…
A: The dividend is the profit distributed to the shareholders of the company that is paid to the…
Q: Assets Liabilities Beginning of Year: $26,000 $19,000 End of Year: $61,000 $29,000 1) What…
A: 1)
Q: 7. Zara Co. has a total common equity at the end of last year of $810,000 and its net income was…
A: Return on Equity(ROE) is a ratio that measures the company's profitability with respect to equity…
Q: 3. The Corporation's net operating income last year was P103,000; its interest expense was P17,000;…
A: Times-Interest Earned Ratio refers to the ratio which measures the ability of the company in meeting…
Q: 1,500,000 translation adjustment - credit What amount should be reported as shareholders' equity at…
A: solution concept shareholders equity includes the share capital , share premium and retained…
Q: A corporation using the cost method of accounting for its investment in a 80% owned investee, which…
A: We first need to understand the meaning of cost method of accounting for investment. Cost method of…
Q: Assets Liabilities Beginning of Year: $26,000 $19,000 End of Year: $61,000 $29,000 1. If…
A: Requirement 1: Compute the common stock issued.
Q: Example 5: A firm sold goods worth 75,00,000 and its gross profit is 20 per cent of sales value. The…
A: Ratio analysis means where different ratio of various years of years companies has been compared and…
Q: Q28 If the company’s Earnings before interest and taxes (EBIT) are OMR 60,000, its cost of equity…
A: Under the Net operating income approach, income available to all capital providers which include…
Q: analyst expects a company 12,000 in liabilities. The analyst's projection of total owners' equity…
A: we know the basic accounting equation which states that Total asset is equal to Liability plus…
Step by step
Solved in 2 steps with 2 images
- The revaluation surplus in the equity section of Light Company’s December 31,20x10 statement of financial position is a. 77,000 b.110,000 c. 123,443 d. 109,500 And journal entry31 - The stock movements of entity A are as follows. Calculate STMMAVAILABLE OF GOODS PER PERIOD: 50000 TLPERIOD PURCHASES: 90000 TLFINANCIAL AVAILABILITY AT THE END OF THE TERM: 20000TLA) 120.000 TLB) 70.000 TLC) 60.000 TLD) 100.000 TLE) 130.000 TLYou have been provided with the following information for the year ended 30 June 2022 for ABCLtd:RNet profit for the year -R1 800 000Weighted average number of shares (WANOS) outstanding during the year-R 120 000Average fair value per share -R30.00Weighted average number of shares (WANOS) under option during the year -R25 000Exercise price for shares under option during the year -R28.00REQUIRED:Q.2.1 Explain the purpose and objective of disclosing diluted earnings per share.
- Topic: REVENUE FROM CONTRACTS WITH CUSTOMERS Requirement: Compute for the transaction price. Assume that the quoted price of the shares remained constant at P20 all throughout the year.Use the following information on a company’s investments in equity securities to answer questions 1- 2 below. The company’s accounting year ends December 31. Investment Date of acquisition Cost Fair value 12/31/16 Date sold Selling price Ajax Company stock 6/20/16 $40,000 $35,000 2/10/17 $32,000 Bril Corporation stock 5/1/16 20,000 N/A 11/15/16 26,000 Coy Company stock 8/2/16 16,000 16,500 1/17/17 23,000 1. If the above investments are categorized as trading securities, what amount is reported for gain or loss on securities, on the 2016 income statement? 2. If the above investments are categorized as trading securities, what amount is reported for gain or loss on securities, on the 2017 income statement?1. Avalanche Inc. revealed the following information for the year ended December 31. 2021 Preference share. P100 par-P2.4 million; Share premium, preference - P700,000; Ordinary share, P15 par-P3.5 million, Share premium, ordinary-P1.5 million. Subscribed ordinary share - P100,000, Retained earnings - P2 million, Subscription receivable, ordinary - P20,000 How much is the legal capital? A.P6 million B.PB 1 million CP5.9 million D.P8 2 million 2.At the beginning of 2021, DAI Corp. was organized with authorized capital of 200,000, P500 par value shares. The following transactions transpired during its first year of business. February 4- Issued 15.000 shares at P510 per share April 10- Issued 3,000 shares for services received (FMV of the services is P1.7 million). October 23-Issued 5,000 shares in exchange for a land (FMV) the land is P3 million) What amount should be reported as share premium? A.11.500.000 B. 23.000 C.850.000 D.12.350.000 3. At the beginning of 2021, DAI Corp. was…
- Qs) For its fiscal year- end, Calvan Water Corporation (CWC) reported net income of $12 million and a weighted average of 2,000,000 common shares outstanding. The company paid $800,000 in preferred dividends and had 100,000 options outstanding with an average exercise price of $20. CWC’s market price over the year averaged $25 per share. What is CWC’s diluted EPS under: a- US GAAP b- IFRS26. The following form part of shareholder’s equity, except Group of answer choices a. Treasury shares b. Conversion option c. Retained earnings d. Subscription receivable collectible within twelve months after the end of reporting periodProblem 1 (Adapted)The shareholders’ equity of Yelan Company showed the following account balances on December 31, 2018:Share capital, P100 5,000,000Share Premium 1,000,000Retained earnings 2,000,000Revaluation surplus 800,000 Compute the book value per share on December 31, 2018.
- dentifying Comparables and Valuation using PB and PE Tailored Brands Inc.’s book value of equity is $4.563 million and its forward earnings estimate per share is $1.10, or $55.7 million in total earnings. The following information is also available for TLRD and a peer group of companies (identified by ticker symbol) from the specialty retail sector. Ticker Market Cap($ mil.) PB Current Forward PE (FY1) EPS 5-Year Historical Growth Rate ROE (T 4Q) Debt-to- Equity (Prior Year) TLRD -- -- -- -0.47% 22.50% 2.53 GCO 585.7 1 9.699 -323.73% -5.86% 0.13 ZUMZ 789.7 1.95 14.17 3.28% 13.85% 0 GES 1,147.00 2.07 13.19 -37.69% 1.90% 0.56 ANF 988.2 1 19.69 9.37% 6.35% 0.25 TLYS 293.7 1.68 11.6 5.51% 13.93% 0 M 4,760.00 0.75 5.458 -1.74% 16.70% 0.74 (a) Identify a set of three companies from this list to use as comparables for estimating the equity intrinsic value of…#4 PLEASE ANSWER PARTS D) and E) Recording and Reporting Equity Investment: FV-NI Adjust FVA at Sale and Year-End On November 1, 2020, Drucker Co. acquired the following investments in equity securities measured at FV‑NI.Kelly Corporation—750 shares of common stock (no-par) at $60 per share. Keefe Corporation—450 shares preferred stock ($10 par) at $20 per share. On December 31, 2020, the company’s year-end, the quoted market prices were as follows: Kelly Corporation common stock, $52, and Keefe Corporation preferred stock, $24. Following are the data for 2021. Mar. 2, 2021 Dividends per share, declared and paid: Kelly Corp., $1, and Keefe Corp., $0.50.Oct. 1, 2021 Sold 150 shares of Keefe Corporation preferred stock at $25 per share.Dec. 31, 2021 Fair values: Kelly common, $46 per share, Keefe preferred, $26 per share.Lewis Company was formed on January 1, 20X6, Selected balances from the historical cost balance sheet at December 31, 20X7, were as follows: Land (purchased in (20X6)…………………… P120,000Investment in nonconvertible bonds (purchased in 20X6, and expected to be held to maturity)…………60,000 Long-term debt……….80,000 The average cpnsumer price index was 100 for 20X6, and 110 for 20X7. In a constant peso balance sheet (adjusted for changing prices) at December 31, 20X7, these selected account balances should be shown at Land Investment Long-term debt 120,000 60,000 88,000 120,000 66,000 88,000 132,000 60,000 80,000 132,000 66,000 80,000