Question
10. The year-end 2021 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $15,430, capital surplus of $27,870 and retained earnings
10. The year-end 2021 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $15,430, capital surplus of $27,870 and retained earnings of $58,070 . On the 2020 year-end balance sheet, retained earnings are listed as $54,200 . The firm's net income in 2021 was $26,200 . No stock was issued or repurchased in 2021. What were total dividends paid by the firm in 2021?
12.The year-end 2020 balance sheet for Tom's Copy, Inc. lists common stock ($1.20 par value) of $101,300, capital surplus of $28,810 and retained earnings of $60,940 . On the 2019 year-end balance sheet, Tom's Copy, Inc. lists retained earnings of $45,580 . The firm's net income in 2020 was $184,700 . No stock was issued or repurchased in 2020. What were dividends per share paid by the firm in 2020?
13.In 2021, Jillian's Jade Company had an operating profit of $539,683. Interest expense for the year was $151,299, taxes paid were $163,623, and common stock dividends paid were $73,485. On its 2021 balance sheet, Jillian's Jade Company listed 45,674 shares of common stock outstanding. Calculate the earnings per share for Jillian's Jade Company for 2021.
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