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I kept getting the ratio's wrong, could I please get some in-depth help with these? Thank you! Calculate the payout ratio, earnings per share, and

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I kept getting the ratio's wrong, could I please get some in-depth help with these? Thank you!

Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Round earning per share to 2 decimal places, e.g. S2.66 and all other answers to 1 decimal place. 17.5%.) Payout ratio Earnings per share Return on common stockholders' equity 35 6.20 7.7811 % Prepare the stockholders' equity section of the balance sheet at December 31, 2017 BRAMBLE CORP Partial Balance Sheet December 31, 2017 Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock 300,000 Common Stock 1,020,000 Total Capital Stock 1,320,000 Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred St 15,000 Paid-in Capital in Excess of Stated Value-Commo 495,000 Total Additional Paid-in Capital 510,000 Total Paid-in Capital 1,830,000 Retained Earnings 851,800 Total Paid-in Capital and Retained Earnings 2,681,800 Less 48,000 Treasury Stock Total Stockholders' Equity 2,633,800 Click if you would like to Show Work for this question: Open Show Work Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount.) Preferred Stock 1/1 Ba 300000 12/31 Bal. V 300000 Common Stock 1/1 Bal 1000000 20000 1020000 Paid-in Capital in Excess of Par Value-Preferred Stock 1/1 Bal 15000 15000 Paid-in Capital in Excess of Stated Value-Common Stock 1/1 Bal. v 480000 15000 495000 Retained Earnings 12/31 1206001/1 Bal. 688,500 12/31 283,900 12/31 Bal. V 851800 Cash Dividends 10/1 21000 12/31 120600 12/1 99600 TreasuryS 1/1 Bal 40000 3/20 8000 48000 Joumalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Feb. 1 Cash 35000 Common Stock 20000 Paid-in Capital in Excess of Stated Value-Commo 15000 Mar. 20Treasury Stock 8000 Cash 8000 Oct. 1 Cash Dividends 21000 Dividends Payable 21000 Nov. 1 Dividends Payable 21000 Cash 21000 Dec. 1 Cash Dividends 99600 Dividends Payable 99600 Dec. 31 Income Summary 283900 Retained Earnings To record net income) 283900 Dec. 31 Retained Earnings 120600 Cash Dividends 120600 To close cash dividends) Dec. 31 Dividends Payable 99600 Cash 99600 To record payment of cash dividends payable) Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Bramble Corp. on January 1, 2017, were as follows Preferred Stock (796, $100 par noncumulative, 5,000 shares authorized) Common Stock ($4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock $300,000 1,000,000 15,000 688,500 40,000 Treasury Stock (5,000 common shares) During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. Issued 5,000 shares of common stock for $35,000. Mar. 20 Purchased 1,000 additional shares of common treasury stock at $8 per share. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.40 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017 Dec. 31 Determined that net income for the year was $283,900. Paid the dividend declared on December 1

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