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Requirement 1. Compute Silva Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent.
Requirement 1. Compute Silva Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) = Earnings per share Requirement 2. Compute Silva Company's price/earnings ratio for 2024. Assume the company's market price per share of common stock is $3. Round to two decimals. Select the formula, then enter the amounts to calculate the company's pricelearnings ratio for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) Price/earnings ratio = Requirement 3. Compute Silva Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) = Rate return on common SE % Data Table 2024 2023 Income Statement-partial: Net Income $ 6,600 $ 15,000 Dec. 31, 2024 Dec. 31, 2023 $ 280,000 $ 275,000 $ 60,000 $ 60,000 Balance Sheet-partial: Total Assets Paid-In Capital: Preferred Stock6%, $10 Par Value; 50,000 shares authorized, 6,000 shares issued and outstanding Common Stock-$2 Par Value; 45,000 shares authorized; 30,000 shares issued and outstanding Paid-In Capital in Excess of ParCommon Retained Earnings Total Stockholders' Equity 60,000 60,000 25,000 58,000 203,000 $ 25,000 55,000 200,000 $
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