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2018 2017 Current Assets 4,000,000 3,550,000 Fixed Assets 2,200,000 1,900,000 Preferred 3% stock 575,000 400,000 Long term liabilities, 8% 750,000 650,000 Current Liabilities 275,000 180,000
| 2018 | 2017 | |
| Current Assets | 4,000,000 | 3,550,000 |
| Fixed Assets | 2,200,000 | 1,900,000 |
| Preferred 3% stock | 575,000 | 400,000 |
| Long term liabilities, 8% | 750,000 | 650,000 |
| Current Liabilities | 275,000 | 180,000 |
| Common Stock $5 par | 2,800,000 | 2,800,000 |
| Retained Earnings, end of year | 900,000 | 800,000 |
| Net Income | 500,000 | |
| Common dividends declared | (50,000) | |
| Preferred dividends declared | (100,000) | |
| Current Market Price 1) Return on Stockholders' Equity % 2) Return on Total Assets 3) Earnings per Share on Common Stock $ 4) Dividend Yield Show steps. | $32 |
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Selected Chapters From Managerial Accounting Creating Value In A Dynamic Business Environment
Authors: Ronald W. Hilton
Edition
0073043346, 978-0073043340
