This financial information is available for Klinger Corporation. The weighted-average number of shares of common stock outstanding
Question:
The weighted-average number of shares of common stock outstanding was 180,000 for 2013 and 150,000 for 2014.
Instructions
Calculate earnings per share and return on common stockholders equity for 2014 and2013.
Transcribed Image Text:
2014 2013 Average common stockholders equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock $1,800,000 $1,900,000 70,000 20,000 191,000 25 90,000 20,000 200,000 20
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
2014 2013 Earnings per share 20000...View the full answer
Answered By
David Muchemi
I am a professional academic writer with considerable experience in writing business and economic related papers. I have been writing for my clients who reach out to me personally after being recommended to me by satisfied clients.
I have the English language prowess, no grammatical and spelling errors can be found in my work. I double-check for such mistakes before submitting my papers.
I deliver finished work within the stipulated time and without fail. I am a good researcher on any topic especially those perceived to be tough.
I am ready to work on your papers and ensure you receive the highest quality you are looking for. Please hire me to offer my readily available quality service.
Best regards,
4.60+
27+ Reviews
61+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Accounting questions
-
This financial information is available for Hoyle Corporation. The weighted-average number of shares of common stock outstanding was 180,000 for 2009 and 150,000 for 2010.InstructionsCalculate...
-
The following financial information is available for Plummer Corporation. 2017 2016 Average comman stockholders equity $1,110,000 $853,000 Dividends paid to common stockholders 50,000 31,500...
-
The following financial information is available for Plummer Corporation. The weighted-average number of shares of common stock outstanding was 80,000 for 2013 and 100,000 for 2014. Instructions...
-
GoFast Corp. wishes to renovate the property so that he can sell it at a higher price.The after-tax cash flow over next year up to RM320,000 if the property was renovated.The renovation cost is...
-
Which of the following acids would be most suitable for preparing a buffer of pH 3.10? (i) hydrogen peroxide; (ii) propanoic acid; (iii) cyanoacetic acid; (iv) 4 - aminobenzenesulfonic acid.
-
What lower bound of cardinality does full participation imply?
-
Top management continually emphasizes and supports investments designed to improve the efficiency of the manufacturing process. Such a focus most likely reflects the pursuit of which type of...
-
Martha invites John to come to lunch. Though she knows that her private road is dangerous to travel, having been heavily eroded by recent rains, Martha doesnt warn John of the condition, reasonably...
-
LKD Company has 12 percent coupon bonds with a YTM of 8.3 percent. The current yield on these bonds is 9.7 percent. How many years do these bonds have left until they mature? Note: Do not round...
-
In the table below, according to the Machine-Part matrix of 11 parts traded on 8 Machines a. Create manufacturing cells using the Cost Analysis algorithm. (The maximum number of machines that can be...
-
Ringgold Corporation has outstanding at December 31, 2014, 50,000 shares of $20 par value, cumulative, 6% preferred stock and 200,000 shares of $5 par value common stock. All shares were outstanding...
-
At December 31, 2014, Millwood Corporation has 2,000 shares of $100 par value, 8%, preferred stock outstanding and 100,000 shares of $10 par value common stock issued. Millwoods net income for the...
-
Draw two flow sheets for manufacturing an enzyme, which is produced intracellularly by a bacterium. Use different downstream steps in each flow sheet. Product purity desired is 80%. Discuss the...
-
4) A company has fixed cost of $6500 per month and it costs the company $10 for each item that they make. They then sell the items for $35 each. a) Determine the Cost Function: b) Determine the...
-
QUESTION TWO Give a detailed account of the importance of information technology in a supply chain,and in your answer, include a discussion on customer relationship management (CRM), Internal supply...
-
Conduct a quick sensitivity analysis on the model you used to answer the previous questions. For the sensitivity analysis change (by either increasing or decreasing) the value of one of the factors...
-
Multiply. (3x-2w) (2x+7w) Simplify your answer.
-
Amazon and Macy's are retailers. By the end of May 22, 2019, the P/E ratio (Price/Earnings ratio) of Amazon is 77.64 but the P/E ratio of Macy's is only 6.16. Why do the market investors give a very...
-
Use Figure 17.2 to explain why cost minimization through a tangency between an isoquant and a budget line does not apply in cases where D and M are either perfect complements or perfect substitutes....
-
Why do CPA firms sometimes use a combination of positive and negative confirmations on the same audit?
-
True or False. The term economic investment includes purchases of stocks, bonds, and real estate.
-
What are the basic problems that occur in the valuation of accounts receivable?
-
What the theoretical justification of the allowance method is as contrasted with the direct write-off method of accounting for bad debts?
-
Indicate how well the percentage-of-sales method and the aging method accomplish the objectives of the allowance method of accounting for bad debts.
-
how would I structure this assignment for currency AUD/GBP Conduct independent research in order to form a view regarding current and future market conditions and report your findings explaining your...
-
Alphonse Inc. has a return on equity of 1 2 percent, 2 8 , 0 0 0 shares of stock outstanding, and a net income of $ 9 8 , 0 0 0 . What are earnings per share? ( Do not round intermediate...
-
Gavin Mills has an existing facility that it paid 3 0 , 0 0 0 , 0 0 0 for 1 0 years ago. It has 3 choices for this facility now: sell it outright for 9 . 5 M today, lease it for the next 4 years to a...
Study smarter with the SolutionInn App