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hi, could you help Profitability Ratios The following selected data were taken from the nancial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and

hi, could you help

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Profitability Ratios The following selected data were taken from the nancial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: December 31 20Y7 20Y6 ZOYS Total assets $160,000 $144,000 $128,000 Notes payable (8% interest) 50,000 50,000 50,000 Common stock 20,000 20,000 20,000 Preferred 6% stock, $100 par 10,000 10,000 10,000 (no change during year) Retained earnings 53,680 38,000 30,000 ' The 20Y7 net income was $16,280, and the 20Y6 net income was $8,600. No dividends on common stock were declared between 20Y5 and 20Y7. Preferred dividends were declared and paid in full in 20Y6 and 20Y7. 3. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for the years 20Y6 and 20Y7. When required, round to one decimal place. 20Y7 20V6 Return on total assets Return on stockholders' equity Return on common stockholders' equity M :1 % :1 0,, Five Measures of Solvency or Profitability The balance sheet for Garcon Inc. at the end of the current scal year indicated the following: Bonds payable, 8% $5,000,000 Preferred $4 stock, $50 par 2,500,000 Common stock, $10 par 5,000,000 Income before income tax expense was $3,000,000, and income taxes were $1,200,000 for the current year. Cash dividends paid on common stock during the current year totaled $1,200,000. The common stock was selling for $32 per share at the end of the year. Determine each of the following. Round to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio times b. Earnings per share on common stock s c. Price-earnings ratio d. Dividends per share of common stock $ e. Dividend yield % Income Statement and Earnings per Share for Discontinued Operations Apex Inc. reports the following for a recent year: Income from continuing operations before income tax expense $1,000,000 Loss from discontinued operations $240,000* Weighted average number of shares outstanding 20,000 Applicable tax rate 40% *Net of any tax effect. 3. Prepare a partial income statement for Apex Inc., beginning with income from continuing operations before income tax expense. Apex Inc. Partial Income Statement For the Year Ended December 31 l_v$[:] '$:] '$:] b. Determine the earnings per common share for Apex Inc., including per-share amounts for unusual items. Apex Inc. Partial Income Statement For the Year Ended December 31 Earnings per common share: ' $3 " [:1 ' $C] Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current scal year: Common stock, $20 par (no change during the year) $10,000,000 Preferred $4 stock, $40 par (no change during the year) 2,500,000 The net income was $1,750,000 and the declared dividends on the common stock were $1,125,000 for the current year. The market price of the common stock is $45 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. Round to one decimal place, except for dollar amounts which should be rounded to two decimal places. 3. Earnings per Share b. Price-Earnings Ratio c. Dividends per Share WW % ' d. Dividend Yield

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