The Fitness Studio, Inc.'s, 2021 income statement lists the following income and expenses: EBITDA= $939,000, EBIT = $777,500, interest expense = $116,000, and taxes = $231,525. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2021 earnings per share: (Round your answer to 2 decimal places.) Earnings per share
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- Two online magazine companies reported the following in their financial statements: BetterWorth Outdoor Fun 2021 2020 2021 2020 $ 109,104 $ 94,500 $ 172,673 $ 112,500 612,186 Net income Total stockholders' equity Earnings per share Stock price when annual results reported 537,814 3.69 472,151 492,049 3.70 2.60 4.48 55.65 52.29 33.80 60.95 Required: 1-a. Compute the 2021 ROE for each company. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? X Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Reg 2B Compute the 2021 ROE for each company. (Round your answers to 1 decimal place.) ROE BetterWorth 18.4 X % Outdoor Fun 0.2 X %Presented below are data for XYZ Corp. Assets, January 1 Liabilities, January 1 Stockholders' Equity, Jan. 1 Dividends Common Stock, Dec. 31 2023 2024 4,560 ? ? 2,736 2 2,750 570 646 608 650 Stockholders' Equity, Dec. 31 ? 2,266 Net Income 684 Net income for 2024 is O $484 loss. O $162 loss O $162 income. O $120 income. $484 income. $120 loss.* CengageNOWv2 | Online teachin x E Login engagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. * еВook Show Me How Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Υ5 20Y6 Net income $1,688,000 $2,459,000 Preferred dividends $50,000 $50,000 Average number of common shares outstanding 90,000 shares 110,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. 20Y5 20Υ6 Earnings per Share b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable? Check My Work
- Un=nttps%253A%252F%252Flms.mheducation.com%252F... Pa hapter 16, 17, 18) 6 Saved Help Save & Exit Submit The shareholders' equity section of Time Company's comparative balance sheets for the years ended December 31, 2021 and 2020, reported the following data: ($ in millions) 2021 2020 $600 300 600 $612 Common stock, $1 par per share Paid-in capital-excess of par Retained earnings 348 628 During 2021, Time declared and paid cash dividends of $90 million. The company also declared and issued a small stock dividend. No other changes occurred in shares outstanding during 2021. What was Time's net income for 2021? Multiple Choice $28 million $130 million $118 million Next 30 of 39 < Prev Question no...pages nagesCash 300 450 750 Inventories 600 Account Receivable Advances, Deposits and Prepayments Investment in Marketable Securities Total current assets TOTAL ASSETS SHAREHOLDERS' EQUITY AND LIABILITIES: Shareholders' Equity: Preferred stock 500 400 40 50 250 350 1690 2000 3060 3450 100 100 Common stock: Tk. 10 par 100,000 shares Share Premium 1000 1000 400 500 Retained Earnings Long-term Liabilities: Long Term Loans Current Liabilities: 100 120 600 700 Short Term Bank Loans 200 275 Accounts payable Notes Payable Accruals 300 210 150 450 170 135 TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES 3060 3 450 (BDT.) Question: 1 L a. Calculate and interpret the following ratio for 2017 &18: Current ratio, Fixed assets turnover, TIE ratio, ROA, DSO, OPM, ROI (any Four).Two online magazine companies reported the following in their financial statements: Outdoor Fun BetterWorth 2020 $ 171,173 417,049 2.98 57.20 2021 2020 $ 105,000 537,186 1.80 52.40 2021 $ 85,500 397,151 1.10 30.05 $ 107,604 462,814 Net income Total stockholders' Earnings per share Stock price when annual results reported equity 2.19 48.54 Required: 1-a. Compute the 2021 ROE for each company. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Compute the 2021 ROE for each company. (Round your answers to 1 decimal place.) ROE Outdoor Fun % BetterWorth %
- = Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $540,000, Accounts receivable $740,000, Inventory = $440,000, Accrued wages and taxes = $44,000, Accounts payable= $140,000, and Notes payable $940,000. What is Cypress's net working capital? Multiple Choice о $596,000 $1,124,000 О $1,720,000 $2,844,000M,Band/Aweretthree partnerssharing profits i int the ratio 2::2::11Their|Balance Sheetas at 31.3.2012 was as under: BALANCE SHEET as at 31.3.2012 Liabilities $ Assets $ General ReservE M's Capital B's Capital FAs Capital Creditors 28,000 30,000 20,000 10,000 25,000 17,500 4,C00 TZ1500 28,500 45,500 15,000 30,000 Casih Debtors Stock Land & Building Motor Vehicle Bilis Payable Goodwill 1,30,500 1,30,500 Bdied on 12th June, 2012. According to the deed, his legal representatives entitied ito: (fa) Batanceiin Capital A/c ((b) Shareof goodwill valued on the basis of thrice the averoge profits far ithe pastifourcompieted years. ((0) Shareinprofits upto the dote of death on the basis of average profits forthe pastifour completet yeurs. ((d) ifntereston capital@ 18% p.a. Profits forithe yearsending on/March 31“ of 2009, 2010, 2011 and2012 respectively.were $50,000, $E8,00, $40,000, $52,0ODirespectively. Theifirmihaitaken amatonvéhičteibutítwas mot recordetdi inthelhooksitillttate. The market…Accounting Equation The total assets and total liabilities (in millions) of Dollar Tree Inc. (DLTR) and Target Corporation (TGT) follow: Dollar Tree Target Assets $15,901 $40,262 Liabilities 11,494 27,305 Determine the stockholders' equity of each company. Dollar Tree's stockholders' equity million Target's stockholders' equity million %24
- aw The financial statements of Heatwave Athletic Wear include the following selected data ($ in millions): Sales, $22,400; Net income, $875; Beginning stockholders' equity, $3,600; Ending stockholders' equity, $4,160. Calculate the return on equity. (Round your answer to 1 decimal place.) Return on equity %Some selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021? Inventory 12,500Total Assets in 2021 110,000Current Liabilities 40,000Total Assets in 2020 90,000Net Profit 12,000Shareholders' Equity 65,000 Select one:a. 0.12b. 0.10c. 0.18d. 0.13gageNOWv2 | Online teach x b Answered: Wonder Sales is aut x cakeAssignment/takeAssignmentMain.do?invoker%3&takeAssignmentSessionLocator=&inprogress=false Update еВook Show Me How Print Item Statement of stockholders' equity Noric Cruises Inc. began the month of October with the following balances: Common Stock, $120,000; Additional Paid-In Capital, $3,125,000; and Retained Earnings, $13,000,000. During June, Noric issued for cash 50,000 shares of common stock (with a stated value of $1) at $17 per share. Noric reported the following results for the month ended October 31: Net income $2,400,000 Cash dividends declared 485,000 Prepare a statement of stockholders' equity for the month ended October 31. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank. Noric Cruises Inc. Statement of Stockholders' Equity For the Month Ended October 31 Additional…