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The shares of Winnie Ltd. were issued on January 1, 2006, and preference shares were issued at $23. The market price of Winnie Ltd. is
The shares of Winnie Ltd. were issued on January 1, 2006, and preference shares were issued at $23. The market price of Winnie Ltd. is $120 on January 31, 2021. Please calculate the following related stock issues (if there is a decimal, the two decimal places shall prevail). (a) Total registered capital (b) Average issue price of ordinary shares issued (c) Dividends per preferred share announced for 2021 (d) Earnings per share (EPS) for common stock (e) Dividend per common share announced in 2021 (f) Common stock yield as of January 31, 2021 (8) P/E ratio as of January 31, 2021 Winnie Ltd. Balance Sheet as at 31 January,2021 (partial) $ Shareholders' equity Registered capital Ordinary shares: 7,000,000 shares@$0.5 Preference shares: 10,000,000 shares (8%)@$10 Total registered capital XXXXXXXXX 100,000,000 XXXXXXXXX XXXXXXXXX Issued and fully paid share capital Ordinary shares: 3,500,000 shares@$ Preference shares: 2,000,000 shares (8%)@$23 Total issued and fully paid share capital 46,000,000 XXXXXXXXX Reserve Cumulative profit (January 31, 2021) 36,000,000 187,000,000 Winnie Ltd. Profit and loss account as at 31 January, 2021 $ Surplus for the year Add: Undistributed surplus transferred from the previous year $ 2,450,000 42,800,000 45,250,000 XXXXXXX Distribution 8% preferred stock dividend Common stock dividend Undistributed surplus carried forward to next year XXXXXXX XXXXXXX 36,000,000
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