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Columbia Inc. reported the following financial data in its December 31, 2021, report to shareholders. Preferred Stock, 8%, $100 Par $ 40,000 Common Stock,
Columbia Inc. reported the following financial data in its December 31, 2021, report to shareholders. Preferred Stock, 8%, $100 Par $ 40,000 Common Stock, $10 par, 20,000 Shares Issued and Outstanding Paid-In Capital in Excess of Par Retained Earnings In 2022, the firm reported the following (presented in partial form). Operating income Interest expense Earnings before tax Tax Net income On December 31, 2022, the common stock was split 2 for 1. The common stock dividends were declared and paid as follows for the year ended December 31, 2022. March 1, 2022 June 1, 2022 September 1, 2022 December 1, 2022 The year-end market price for 2022 was $18.00. Required: For 2022, compute: $0.28 0.28 0.15 0.15 8. earnings per share b. c. d. dividends per share based on ending shares percentage of earnings retained dividend payout dividend yield 200,000 160,000 170,000 e. f. Price/earnings ratio g. Book value per share $120,000 30,000 $ 90,000 40,000 $ 50,000
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a Earnings per share EPS To calculate EPS we use the formula EPS Net Income Weighted Average Number of Common Shares Outstanding Given Net Income 5000...Get Instant Access to Expert-Tailored Solutions
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