Do not give image format Shamrock Service Corporation's December 31, 2025 balance sheet reported the following:3% preferred stock, $175 par valueCommon stock, $1 par valuePaid-in capital in excess of par - preferred stockPaid-in capital in excess of par - common stockRetained earningsTreasury stockAnswer the following questions:(a)$350,000X Your answer is incorrect.450,00054,0006,300,000The average cost of the treasury shares was $10 per share.8,950,000125,000How many shares of common stock have been issued as of December 31, 2025?325000 shares of common stock have been issued as of December 31, 2025.

Common stock and Preferred stock are two type of shares being issued and held by the business.…

Answered: Shamrock Service Corporation's December…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 99.4C

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The financial statements of Friendly Fashions include the following selected data (in millions):($ in millions) 2021 2020Sales $ 10,043 $ 11,134Net income $ 312 $ 818Stockholders’ equity $ 1,850 $ 2,310Average shares outstanding (in millions) 675 –Dividends per share $ 0.31 –Stock price $ 6.20 –Required:1. Calculate the return on equity in 2021.2. Calculate the dividend yield in 2021.3. Calculate earnings per share in 2021.4. Calculate the price-earnings ratio in 2021.
The company capital structure consists of debt 250000 at 0.084, preferred stock 230000 at 11% and common stock 120,000 at 14%, calculate a company's weighted average cost of capital Select one: O a. 0.1051 O b. 0.0629 OC 0.0771 d. 0.0349 e. All the given choices are not correct
On July 5, 1994, SM Prime Holdings, Inc. (SMPH) had its IPO at P2.0669 per share. On July 5, 2019, the market value of SMPH was P38.25. Disregarding dividends, what is the ROI of an SMPH stock held for those 25 years? Choices: a. 17.51% b. 1850.60% c. 1750.60% d. 18.51%
On a particular date, FedEx has a stock price of $88.24 and an EPS of $7.36. Its competitor, UPS, had an EPS of $0.30. What would be the expected price of UPS stock on this date, if estimated using the method of comparables? Question content area bottom Part 1 A.$5.40 B. $7.19 C.$8.00 D.$3.60
Consider the following stock price and shares outstanding information. % % % DECEMBER 31, Year 1 Shares Outstanding 101,000,000 $33 2,200,000 40 25,000,000 38 DECEMBER 31, Year 2 Shares Price Outstanding Price $19 74 36 a. Compute the beginning and ending values for a price-weighted index and a market-value-weighted index. Assume a base value of 100 and Year 1 as the base period. Do not round intermediate calculations. Round your answers to two decimal places. PWIYear 1: PWIYear 2: VWIyear 1: VWIyear 2: b. Compute the percentage change in the value of each index during the year. Do not round intermediate calculations. Round your answers to two decimal places. Percentage change in PWI: Percentage change in VWI: c. Compute the percentage change for an unweighted index assuming $1,000 is invested in each stock. Do not round intermediate calculations. Round your answer to two decimal places. Stock K Stock M Stock R aStock split two-for-one during the year. 101,000,000 4,400,000a 25,000,000
You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD %Change Stock SYM −1.1 RJW Enterprises RWJ YLD 2.0 PE 15 a. Annual dividend b. Yesterday's closing price c. Net income Net Last Change 140.00 -.43 a. What is the annual dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What was the closing price for this stock that appeared in yesterday's paper? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. If the company currently has 31 million shares of stock outstanding, what was net income for the most recent four quarters? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)
Skysong Service Corporation's December 31, 2025 balance sheet reported the following: 3% preferred stock, $240 par value Common stock, $1 par value Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (b) The average cost of the treasury shares was $10 per share. Answer the following questions: (a) Your answer is correct How many shares of common stock have been issued as of December 31, 2025? 580000 shares of common stock have been issued as of December 31, 2025. eTextbook and Media anscribed Text Your answer is correct. $480,000 580,000 69,600 9,280,000 11.930,000 138,000 How many shares of common stock have been issued as of December 31, 2025? eTextbook and Media 580000 shares of common stock have been issued as of December 31, 2025 S The average issue price of the common shares was $ What was the average per share price at which the common stock was issued? eTextbook and Media Attempts: 1 of 6 used Attempts:…
Financial information for Forever 18 includes the following selected data:($ in millions) 2021 2020Net income $ 129 $ 308Dividends on preferred stock $ 20 $ 15Average shares outstanding 150 400Stock price $ 12.02 $ 10.97Required:1. Calculate earnings per share in 2020 and 2021. Did earnings per share increase in 2021?2. Calculate the price-earnings ratio in 2020 and 2021. In which year is the stock priced lower in relation to reported earnings?
The company capital structure consists of debt 135000 at 6.05%, common stock 410000 at 10.09% and preferred stock 200000 at 11%, calculate company's weighted average cost of capital Select one: Oa. 8,59% O b.9.09% Oc. 9.59% O d. 7.59% Oe. None of the options
Consider the following data: Common stock ($1 par value) Capital surplus Retained earnings TOTAL OWNERS’ EQUITY Amount ($) 400,000 900,000 5,000,000 6,300,000 page 3 Current market price of shares = $51 per share. What will be the effect of a 10% stock dividend on the equity accounts? Supply the revised figures for all line items after the dividend.
Presented below is information related to Marigold Corp.: Common Stock, $1 par $3450000 Paid - in Capital in Excess of Par-Common Stock 543000 Preferred 8 1/2% Stock, $50 par 2140000 Paid - in Capital in Excess of Par- Preferred Stock 388000 Retained Earnings 1420000 Treasury Common Stock (at cost) 144000 The total stockholders' equity of Marigold Corp. is Select answer from the options below $6377000. $7941000. $7797000. $ 6521000.
You are given the following information: Book value of stockholders' equity = $5 million; price/earnings ratio = 10; shares outstanding = 100,000; and the market/book ratio = .5. Calculate the market price of %3D a share of the company's stock. O $37.50 O $25.00 O $50.00 O $75.00 O $16.67

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