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WolfGang, Inc. Selected data from the financial statements of Wolfgang, Inc. are presented below. 2009 2010 $ 150,000 15,000 $ 120,000 15,000 42,000 38,000 15
WolfGang, Inc. Selected data from the financial statements of Wolfgang, Inc. are presented below. 2009 2010 $ 150,000 15,000 $ 120,000 15,000 42,000 38,000 15 31 100,000 Net income Cash dividends paid on preferred stock Cash dividends paid on common stock Common stock price Preferred stock price Purchases of treasury stock Total stockholders' equity Common stockholders' equity Average number of preferred shares outstanding Average number of common shares outstanding 2,300,000 2,157,000 1,780,000 1,637,000 20,000 20,000 104.000 95,000 Question 34 (3 points) Refer to the information presented above for Wolfgang, Inc. Wolfgang's 2010 earnings per share is reported as $1.08 O $1.20 $1.30 $1.43 Question 35 (3 points) Refer to the information presented above for Wolfgang, Inc. Wolfgang's 2010 return on common equity is reported as 7.58% 7.90% 8.43% 8.78% Question 36 (1 point) The Balance Sheet Can be represented by the following equation: Assets = Revenue - Expenses Assets = Liabilities Assets = Liabilities + Stockholders' Equity Assets = Liabilities - Expenses
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