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Carr Company reported these figures for 2024 and 2023 Carr Company reported these figures for 2024 and 2023 E (Click the icon to view the
Carr Company reported these figures for 2024 and 2023
Carr Company reported these figures for 2024 and 2023 E (Click the icon to view the figures.) - X Data Table Read the requirements 2024 2023 Requirement 1. Compute Carr Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) Income Statement-partial: $ 20,460 $ 19,000 Net Income Net income Ave. # common shrs OS Preferred dividends 3960) = Earnings per share = Dec. 31, 2024 Dec. 31, 2023 20460 Balance Sheet-partial: $ 280,000 $ 260,000 Requirement 2. Compute Carr Company's price/earnings ratio for 2024. Assume the company's market price per share of common stock is $9. Round to two decimals. Select the formula, then enter the amounts to calculate the company's pricelearnings ratio for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) Market price per share - Earnings per share Pricelearnings ratio $ 44.000 $ 44,000 Total Assets Paid-In Capital: Preferred Stock-9%, $4 Par Value: 70,000 shares authorized, 11,000 shares issued and outstanding Common Stock-$2 Par Value: 75,000 shares authorized; 55,000 shares issued and outstanding Paid-In Capital in Excess of ParCommon 110,000 110,000 Requirement 3. Compute Carr Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity Net income Preferred dividends - Ave. common SE Rate of return on common SE 22,000 62,500 22,000 46,000 Retained Earnings % $ 238,500 $ 222.000 Total Stockholders' Equity x - Requirements Print Done 1. Compute Carr Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. 2. Compute Carr Company's pricelearnings ratio for 2024. Assume the company's market price per share of common stock is $9. Round to two decimals 3. Compute Carr Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent. Print Done Choose from any list or enter any number in the input fields and then continue to the nextStep by Step Solution
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