FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE
9th Edition
ISBN: 9781119595724
Author: Kimmel
Publisher: WILEY C
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Chapter 11, Problem 11.2IE
To determine
To Prepare: the equity section of
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SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $404,600 in 2023 and
$311,800 in 2022.
Equity and Liabilities
Share capital-common (122,900 shares issued)
Retained earnings (Note 1).
Accrued liabilities
Notes payable (current)
Accounts payable
Total equity and liabilities
2023
2022
$1,215,000 $1,215,000
413,800 311,300
9,800
6,600
79,700
61,400
56,600
175,500
$1,779,700 $1,765,000
Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023.
Required:
1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,469,000 at December 31, 2021.)
(Round your answers to 1 decimal place.)
2022
2023
Return on equity
%
2. Calculate the book value per shares for 2022 and 2023. (Round your answers to 2 decimal places.)
2022
2023
Book value per share
Barger Corporation has the following data as of December 31, 2024:
Total Current Liabilities
$ 36,210
Total Stockholders' Equity
$?
Total Current Assets
25,680
Other Assets
45,600
Long-term Liabilities
154,740
Property, Plant, and Equipment, Net
246,970
Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.)
Total liabilities
Total stockholders' equity
Debt to equity ratio
+
SW Company provides the Equity & Liability information below for analysis. SW Company had net
and $335,800 in 2022.
Equity and Liabilities
Share capital-common (136,400 shares issued)
Retained earnings (Note 1)
Accrued liabilities
Notes payable (current)
Accounts payable
Total equity and liabilities
Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023.
Required:
1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,439,00
(Round your answers to 1 decimal place.)
Return on equity
2022
23.3 %
2023
26.0 %
Prox
5
2023
2022
$1,242,000 $1,242,000
417,700
300,000
9,100
6,100
76,600
66,700
63,300
182,500
$1,808,700 $1,797,300
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Chapter 11 Solutions
FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE
Ch. 11 - Prob. 1QCh. 11 - Prob. 2QCh. 11 - Prob. 3QCh. 11 - Prob. 4QCh. 11 - Prob. 5QCh. 11 - Prob. 6QCh. 11 - Prob. 7QCh. 11 - Which is the boiler investmentcommon stock with a...Ch. 11 - Prob. 9QCh. 11 - Prob. 10Q
Ch. 11 - Prob. 11QCh. 11 - Prob. 12QCh. 11 - Indicate how each of these accounts should be...Ch. 11 - What three conditions must be met before a cash...Ch. 11 - Prob. 15QCh. 11 - Prob. 16QCh. 11 - Prob. 17QCh. 11 - Prob. 18QCh. 11 - Prob. 19QCh. 11 - Prob. 21QCh. 11 - Prob. 22QCh. 11 - Prob. 23QCh. 11 - Prob. 24QCh. 11 - Prob. 25QCh. 11 - Prob. 26QCh. 11 - Prob. 11.1BECh. 11 - Prob. 11.2BECh. 11 - Prob. 11.3BECh. 11 - Prob. 11.4BECh. 11 - Prob. 11.6BECh. 11 - Prob. 11.8BECh. 11 - Prob. 11.9BECh. 11 - Prob. 11.10BECh. 11 - Prob. 11.11BECh. 11 - Prob. 11.12BECh. 11 - Prob. 11.13BECh. 11 - Prob. 11.14BECh. 11 - Prob. 11.1aDIECh. 11 - Prob. 11.2aDIECh. 11 - Prob. 11.2bDIECh. 11 - Prob. 11.3aDIECh. 11 - Prob. 11.3bDIECh. 11 - Prob. 11.4aDIECh. 11 - Prob. 11.3ECh. 11 - Prob. 11.4ECh. 11 - Prob. 11.6ECh. 11 - Prob. 11.7ECh. 11 - Prob. 11.8ECh. 11 - Prob. 11.9ECh. 11 - Prob. 11.11ECh. 11 - Prob. 11.19ECh. 11 - Prob. 11.3EYCTCh. 11 - Prob. 11.4EYCTCh. 11 - DECISION MAKING ACROSS THE ORGANIZATION During a...Ch. 11 - Prob. 11.7EYCTCh. 11 - Prob. 11.8EYCTCh. 11 - Prob. 11.9EYCTCh. 11 - Prob. 11.12EYCTCh. 11 - Prob. 11.1IECh. 11 - Prob. 11.2IECh. 11 - Prob. 11.3IE
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