Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 18, 2024

1. suppose the firm paid out $73,000 cash dividends. what is the addition to retained earnings? 2. Per-share earnings and dividends suppose in the previous

1. suppose the firm paid out $73,000 cash dividends. what is the addition to retained earnings?

2. Per-share earnings and dividends

suppose in the previous problem had $85000 of common stock outstanding

what is the earnings per share, or EPS, figure?

what is the dividend per sharw figure?

SolesLessCostofgrodsEamingsbeforeDepreciation,$586,000$247,000$339,000InterestandTax(EBDITA)Depreciationexpense$43,000InterestexpenseGarningsbeforeTax(EBT)$32,000$264,000(EBT)-(Depreciation+Interest)(E)T2x(35%)NetIncome$171,600$92,400

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Accounting

Authors: Steven M. Bragg

1st Edition

1642210773, 978-1642210774

More Books

Students also viewed these Accounting questions

Question

★★★★★

A city prepares its budget in traditional format, classifying expenditures by fund and object. In 2010, amid considerable controversy, the city authorized the sale of $20 million in bonds to...

Answered: 1 week ago

Question

★★★★★

In this chapter, we have learned how emotions are expressed universally in our faces. Do you think emotions can be recognized through vocal cues? How would you design a study to test your ideas?

Answered: 1 week ago

Question

★★★★★

2. Review the evidence for and against the view that intellectual disability and autism spectrum are serious risk factors for offending.

Answered: 1 week ago

Question

★★★★★

You were recently hired to improve the financial condition of Idaho Springs Hardware, a small chain of three hardware stores in Colorado. On your first day the owner, Chuck Vitaska, told you that the...

Answered: 1 week ago

Question

★★★★★

Required: 1. Prepare the stockholders' equity section of the balance sheet at December 31. 2. Assume that you are o common stochholdet of Murphy Compony. If the company needed additional capital,...

Answered: 1 week ago

Question

★★★★★

1. Estimate rest period for Super-Mario (male) when he performs the following activities: Light assembly: 2hr (Activity metabolism = 2.0 kcal/min) Bench soldering: 1.5 hr (Activity metabolism = 3.7...

Answered: 1 week ago

Question

★★★★★

as a consultant to help one of the companies below uncover bottlenecks and issues with their operations. tell me about the company history, current operation management system, challenges, and what...

Answered: 1 week ago

Question

★★★★★

BurgerFun Inc. is a fast food restaurant that serves 6 items. Burgers Soda Fries Onion Rings Coffee Ice Cream Sales per month 1500 $ Total Direct Materials 289.00 Total Direct Labor KW per item $...

Answered: 1 week ago

Question

★★★★★

completed using the amortization keys on your calculator BA II Plus Texas Instruments. Make sure to show the value of the P1/P2 keys as part of your work. 1. You have just purchased a new house and...

Answered: 1 week ago

Question

★★★★★

A double-pipe heat exchanger operating in the parallel-flow mode carries glycerin in the inner pipe and water in the annular region. The glycerin enters the heat exchanger at 90C at a mass flow rate...

Answered: 1 week ago

Question

★★★★★

8. Your father who is a manager, broke his arm because he slipped and fell in a hotel room shower while on a business trip. Is your father entitled to workers' compensation benefits? 3. A. 5.

Answered: 1 week ago

Question

★★★★★

Discuss three more specific examples of what you believe this second banks HR department could have done to improve the reps performance.

Answered: 1 week ago

Question

★★★★★

3. What would you do now if you were Fisher Central Steel Door Corporation has been in business for about 20 years, successfully selling a line of steel indus-trial-grade doors as well as the...

Answered: 1 week ago

Question

★★★★★

1. Based on this chapter and the case incident, com-pile a list of 10 international HR mistakes Fisher has made so far. Central Steel Door Corporation has been in business for about 20 years,...

Answered: 1 week ago

Previous Question Next Question