CourseLover

(12)

$10/per page/Negotiable

About CourseLover

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 286 Weeks Ago
Questions Answered: 27237
Tutorials Posted: 27372

Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 16 Dec 2017 My Price 10.00

What is the company's earnings per share for Year 2?

Mihok Corporation has provided the following financial data:

 

Stockholers equity: Year 2 Year 1

Common stock, $3 par value...................................................................$300,000 $300,00

Additional paid in capital-common stock..................................................100,000 100,000

Retained earnings....................................................................................375,000 370,000

Total stockholders equity.............................................................................$775,000 $770,000

 

Income statement

For the year ended December 31 Year 2

 

Sales.........................................................$1,380,000

Cost of goods sold.....................................780,000

Gross margin..............................................600,000

Operating expenses...................................567,714

Net operating income.................................32,286

Interest expense.........................................18,000

Net income before taxes..............................14,286

INcome taxes (30%)....................................4,286

Net income...................................................$10,000

 

Dividends on common stock during Year 2 totalled $5,000. The market price of common stock at the end of YEar 2 was $.97 per share.

 

Required: Please show work

 

A. What is the company's earnings per share for Year 2?

B. What is the company's price-earnings ratio for Year 2?

C. What is the company's dividend payout ratio for Year 2?

D. What is the company's dividend yield ratio for Year 2?

E. What is the company's book value per share at thge end of Year 2?

Answers

CourseLover
(12)
Status NEW Posted 16 Dec 2017 02:12 PM My Price 10.00

-----------  ----------- H-----------ell-----------o S-----------ir/-----------Mad-----------am ----------- Th-----------ank----------- yo-----------u f-----------or -----------usi-----------ng -----------our----------- we-----------bsi-----------te -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------ns.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age-----------

Not Rated(0)