Question
#1- Given the following data: Net Income $500,000 Preferred Dividends 40,000 Common Dividends 250,000 Common Shares Outstanding 150,000 What's market price per share Dec. 31?
#1- Given the following data:
Net Income $500,000
Preferred Dividends 40,000
Common Dividends 250,000
Common Shares Outstanding 150,000
What's market price per share Dec. 31? $27
How do I calculate earnings per share, the price-earnings ratio , and the dividend yield rate on common stock?
#2- Given the following data:
1990
Cash $ 70,000
Marketable Securities 25,000
Accounts Receivable 120,000
Merchandise Inventory 190,000
Current Liabilities 160,000
Credit Sales (net sales) 3,000,000
Cost of Goods Sold 2,500,000
How do I calculate for 1990 for Working Capital, Current Ratio, Quick Ratio, Inventory Turnover, and Accounts Receivable Turnover?
#3.- For the year ended on December 31, 1989 the Allentown Company reported increases in Accounts Receivable and Inventories in the amount of $1,200 and $1,700 respectively. Increases were also reported in Salaries Payable ($2,000) and Accounts Payable ($3,500). Included in the determination of the $5,600 net income figure was the Depreciation Expense ($1,800) and issued common stock receiving $16,000. The beginning cash balance was $2,700.
How do I prepare a statement of cash flows using the indirect approach?
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