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Company reported these figures for 2016 and 2015?: Mendoza Company reported these figures for 2016 and 2015: ?i Click the icon to view the figures.)
Company reported these figures for 2016 and 2015?:
Mendoza Company reported these figures for 2016 and 2015: ?i Click the icon to view the figures.) Read the requirements Requirement 1. Compute Mendoza Company's earnings per share for 2016. Assume the company paid the minimum preferred dividend during 2016 Select the formula, then enter the amounts to calculate the company's earnings per share for 2016. (Abbreviations used Ave. average, OS outstanding. SE stockholders' equity, shrs shares. Enter earnings per share to the nearest cent.) -Earnings per share Data Table Requirements 2016 2015 26,000 S 18,000 Net Income 1. Compute Mendoza Companys eamings per share for 2016. Assume the 2. Compute Mendoza Company's priceleamings ratio for 2016. Assume the 3. Compute Mendoza Company's rate of return on common stockholders company paid the minimum preferred dividend during 2016 companyC's market price per share of common stock is $8 equity for 2016. Assume the company paid the minimum preferred dividend Balance Sheet-partial: Dec. 31, 2016 Dec. 31, 2015 285,000 S 245,000 Total Assets during 2016. Paid-In Capital $ 20,000 S 20,000 Preferred Stock-5%, $5 Par Value: 85,000 shares authorized, 4,000 shares issued and outstanding Common Stock-$3 Par Value: 90,000 shares authorized: 50,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Print Done 150,000 150,000 26,000 1,000 267,000 S 26,000 46,000 242,000 Retained Earnings Choose from any list or enter any number in the input fields and then click Check Answer Total Stockholders' Equity partsStep by Step Solution
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