Current Attempt in Progress.Blossom Corporation reported net income of $436,700 in 2025 and had 187,000 shares of common stock outstanding throughout theyear. Also outstanding all year were 34,500 options to purchase common stock at $10 per share. The average market price of the stockduring the year was $15.Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.)Diluted earnings per shareeTextbook and MediaSave for LaterAttempts: 0 of 10 used Submit Answer

Lets understand the basics.EPS are divided into two types which are,(1)Basic EPS(2) Diluted…

Answered: Current Attempt in Progress Blossom…

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter13: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 4CP

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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.)
The Castle Company recently reported net profits after taxes of $15.8 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company’s stock currently trades at $60 per share. Compute the stock’s earnings per share (EPS). What is the stock’s P/E ratio? Determine what the stock’s dividend yield would be if it paid $1.75 per share to common stockholders.
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.)
Shares purchased one year ago for $8790 are now worth $15,390. During the year, the shares paid dividends totalling $280. Calculate the shares’: (Do not round intermediate calculations and round your final answer to 2 decimal places.) a. Income yield b. Capital gain yield c. Rate of total return
Current Attempt in Progress Sandhill Co. had net income for 2025 of $611000. The average number of shares outstanding for the period was 209000 shares. The average number of shares under outstanding options, at an option price of $31 per share, is 12600 shares. The average market price of the common stock during the year was $36. What should Sandhill report for diluted earnings per share for the year ended 2025? O $2.90 O $2.76 O$2.92 O $2.78
At the market close of a recent year, McDonald’s Corporation had a closing stock price of $198.01. In addition, McDonald’s Corporation had a dividend per share of $4.19 during the previous year. Determine McDonald’s Corporation’s dividend yield. Round to one decimal place.fill in the blank 1%
At the market close of a recent year, Sherman Corporation had a closing stock price of $200. In addition, Sherman's Corporation had a dividend per share of $8.4 during the previous year. Determine Sherman Corporation's dividend yield. Round to one decimal place.
FedEx Corp. stock ended the previous year at $120.19 per share. It paid a $1.50 per share dividend last year. It ended last year at $123.49. If you owned 440 shares of FedEx, what was your dollar return and percent return? (Round "Percent return" to 2 decimal places.) Dollar return Percent return
FedEx Corporation stock ended the previous year at $885.00 per share. It paid a $47.00 per share dividend last year. It ended last year at $875.00. If you owned 37 shares of FedEx, what were your dollar return per share and percent return? Note: Round "Percent return" answer to 2 decimal places. Dollar return Percent return $ 37 4.18 %
Basic and Diluted Earnings Per Share. Lizzow Company is preparing its EPS calculations for the year ended December 31, 2021 and has assembled the following relevant information: The company’s average stock price during the year was $25, and its income tax rate was 25% Common Stock: 2,000,000 shares, $1 par, outstanding at the beginning of the year 4% Convertible and Cumulative Preferred Stock: 50,000 shares, $100 par value, outstanding at the beginning of the year. 75,000 common shares were issued on May 1, 2021 4% convertible bonds are outstanding that were issued at their $3,000,000 face value. Each $1,000 bond is convertible into 20 shares of common stock. The company has 50,000 incentive stock options outstanding at the end of the year. The options are fully vested and have an exercise price of $10 per share. Net Income for the year was $5 million. Calculate the amount of 1) Basic and 2)Diluted Earnings per Share for the Year ended December 31, 2021
Calculate the earnings per share (average of 418,000 shares outstanding for the year) for 2020. (Round answer to 2 decimal places, e.g. 2.55.) Earning per share $2.31 per share Calculate the price/earnings ratio (market price of $48 at year-end) for 2020. (Round answer to 1 decimal place, e.g. 2.5.) Price/earnings ratio ?
Calculate the earnings per share (average of 418,000 shares outstanding for the year) for 2020. (Round answer to 2 decimal places, e.g. 2.55.) earnings per share $ 2.31 per share Calculate the price/earnings ratio (market price of $48 at year-end) for 2020. (Round answer to 1 decimal place, e.g. 2.5.) Price/earnings ratio 20.8 Calculate the dividend payout ratio (dividends of $1.25 per common share for the year) for 2020. (Round answer to 1 decimal place, e.g. 2.5.) Dividend payout ratio ? %

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