Question
Kelley Company reports $1,825,000 of net income and declares $255,500 of cash dividends on its preferred stock for the year. At year-end, the company had
Kelley Company reports $1,825,000 of net income and declares $255,500 of cash dividends on its preferred stock for the year. At year-end, the company had 400,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders - 0 2. What is the company's basic EPS? Choose Numerator: Basic Earnings per Share Choose Denominator.. Basic Earnings per Share Basic earnings per share = 0 Company Hilton SPG 8.00 Earnings per Share $10.00 Market Value per Share $160.00 77.60 Hyatt Accor 6.00 33.00 75.60 244.20 Compute the price-earnings ratio for each of these four separate companies. Price-Earnings Ratio Company Choose Numerator: Divided by Choose Denominator: Hilton SPG Hyatt Accor Price-Earnings Ratio Price-earnings ratio 0 0 0 0
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