Below is the financial data for Arla Inc. for the year ended December 31, 2020:Market price per share...Net Income......$150.00$1,750,000Preferred Dividends declared...$75,000Average # of common shares.......Dividends per share......Average common shareholders' equity.....Total assets.....Total Liabilities...Accumulated Other Comprehensive Income.....100,000$2.5010,000,000$22,500,000$11,675,000$185,000InstructionsCalculate the Return on shareholders' equity (use up to 2 decimal places and do not include a % sign)

Return on Equity: It refers to a financial ratio that is used by the business to analyze and…

Answered: Below is the financial data for Arla…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 21E

See similar textbooks

Similar questions

Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the balance sheet date, MJOs stock was selling for S25 per share. Required: Assuming MJOs dividend yield is 1%, what are the dividends per common share? Assuming MJOs dividend yield is 1% and its dividend payout is 20%, what is MJOs net income?
Given the following year-end information for Somerset Corporation, compute its basic earnings per share. Net income, 13,000 Preferred dividends declared, 4,000 Weighted average common shares for the year, 4,500
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
A company reports the following: Determine (a) the return on stockholders equity and (b) the return on common stockholders equity. Round percentages to one decimal place.
Examine the following selected financial information for Best Value Corporation and Modern Stores, Inc., as of the end of their fiscal years ending in 2018: Data table (In millions) Best Value Corporation Modern Stores, Inc. 1. Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . $15,256 $203,110 2. Total common stockholders' equity. . . . . $3,075 $71,460 3. Operating income. . . . . . . . . . . . . . . . . . . . $1,350 $26,820 4. Interest expense. . . . . . . . . . . . . . . . . . . . . . $88 $2,020 5. Leverage ratio. . . . . . . . . . . . . . . . . . . . . . . . 6. Total debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. Debt ratio. . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. Times interest earned. . . . . . . . . . . . . . . . . Requirements…
Use the following information to obtain the ratios requested below. Where necessary, carry answers to one decimal place Dividends per share: $1.14 Market price per share: $54 Net income: $118,000 Stockholders' equity, beginning of year: $500,000 Stockholders' equity, end of year: $530,000 Earnings per share: $1.75 a. Dividends yield = .............................% b. Return on equity = ............................% c. Price/earnings (P/E) ratio =............................ times
The following data relate to Schroeder Ltd. for the calendar year 2020: Net income (30% tax rate) ...................................$3,250,000 Average number of common shares outstanding during 2020..................................1,200,000shares 8%, cumulative convertible preferred shares: convertible into 90,000 common shares ............$1,800,000 6% convertible bonds; convertible into 60,000 common shares ..............................................$2,000,000 Stock options, exercisable at $30 per share ............ 105,000 shares All the convertible securities and stock options were outstanding all year. The average market price of the common shares in 2020 was $35. Instructions Calculate: a. basic earnings per share b. diluted earnings per share.
The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2.Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y120Y220Y1Retained earnings, January 1.........................................$3,704,000$3,264,000Net income ......................................................... 600,000 550,000Total ...............................................................$4,304,000$3,814,000Dividends:On preferred stock ...............................................$ 10,000$ 10,000On common stock................................................100,000 100,000Total dividends ...............................................$ 110,000$ 110,000Retained earnings, December 31 .....................................$4,194,000$3,704,000Marshall Inc.Comparative Income StatementFor the Years Ended December 31, 20Y2 and 20Y120Y220Y1Sales…
Complete this section of the income statement in the table below. attached is the income statement and balance sheet for your reference. Per Share Data 2021 Common Stock Price $ 28.0 Earnings Per Share (EPS) Dividend Per Share (DPS) Book Value Per Share (BVPS) Cash Flow Per Share
The following information was available for the year ended December 31, 2019: Net income Average total assets Dividends per share Earnings per share Market price per share at year-end $ 50,000 600,000 1.40 5.00 70,00 The dividend payout ratio for 2019 was 報灣券 11111 157
AUDITING RETAINED EARNINGS AND DIVIDENDS The accounts from the shareholders' equity section of the balance sheet of Western Company showed the following at December 31, 2020: Ordinary share ..........................................P 475,000 Share Premium ..........................................6,650,000 Retained Earnings .....................................787,500 Western issued 475,000 shares of the P1 par value Ordinary share on January 1, 2020. The company also is authorized to issue 500,000 shares of P5 par value, 6% preference share. During 2021, Western had the following transactions: Jan. 10 Issued an additional 90,000 shares of Ordinary Share at P17 per share. Apr. 1 Issued 100,000 shares of preference share at P8 per share. July 19 The board of directors authorized the appropriation of P295,000 of retained earnings for the purchase of equipment. Oct. 23 Sold an additional 60,000 shares of preference share at P9 per share. Dec. 31 Net income for the year was…

SEE MORE QUESTIONS

Recommended textbooks for you

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Financial And Managerial Accounting

Accounting

ISBN:

9781337902663

Author:

WARREN, Carl S.

Publisher:

Cengage Learning,

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Financial And Managerial Accounting

Accounting

ISBN:

9781337902663

Author:

WARREN, Carl S.

Publisher:

Cengage Learning,

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Intermediate Accounting: Reporting And Analysis

Accounting

ISBN:

9781337788281

Author:

James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:

Cengage Learning

College Accounting, Chapters 1-27

Accounting

ISBN:

9781337794756

Author:

HEINTZ, James A.

Publisher:

Cengage Learning,

SEE MORE TEXTBOOKS