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During Year 3. Munoz Corporation reported after-tax net Income of $3,620,000. During the year, the number of shares of stock outstanding remained constant at 9.680

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During Year 3. Munoz Corporation reported after-tax net Income of $3,620,000. During the year, the number of shares of stock outstanding remained constant at 9.680 of 5100 par, 9 percent preferred stock and 398,000 shares of common stock. The company's total stockholders' equity is $19,600,000 at December 31 , Year 3. Munoz Corporation's common stock was selling at $55 per share at the end of its fiscal year. All dividends for the year have been pald, including $4.80 per share to common stockholders. Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) cCompute the price-earnings ratio (Round Intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yield (Round your percentage answer to 2 decimal places. (le., 0.2345 should be entered as 23.45).) a Earnings per share b. Book Value per share c Price-earnings ratio d Dividend yield times % The December 31, Year 4, balance sheet for Adams Corporation is presented here. These are the only accounts on Adams's balance sheet Amounts indicated by question marks () can be calculated using the following additional information ADAMS CORPORATION Balance Sheet As of December 31. Year 4 Assets Cash $ 25,000 Accounts receivable (net) Inventory Property, plant, and equipment (net) 294,000 $432.000 Liabilities and Stockholders' Equity Accounts payabie (trade) Income taxes payable (current) Long-term debt Comunion stock 300,000 Retained earning 25,000 2 Additional Information Current ratio (at year end) Total Habilities - Total stockholders' equity Cross margin percentago Inventory turnover (Cost of goods sold + Ending inventory) Gross margin for Year 4 1.5 to 1.0 808 301 10.5 times $315.000 Required a. Compute the balance in trade accounts payable as of December 31, Year 4. b. Compute the balance in retained earnings as of December 31, Year 4. c. Compute the balance in the Inventory account as of December 31, Year 4. (Assume that the level of inventory did not change from last year.) (For all requirements, negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) a Accounts payable b Retained oamingo c. Inventory

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