Question

SRC Inc. had additions to retained earnings for the year just ended of $515,333. The firm...

  1. SRC Inc. had additions to retained earnings for the year just ended of $515,333. The firm paid out $150,000 in cash dividends and it has ending total equity of $5 million. The firm has 530,091 shares outstanding. The current price is $55 per share. Calculate earnings per share.

Format your answer with 2 decimals, for example, 1.34.

2. SRC Inc. had additions to retained earnings for the year just ended of $558,557. The firm paid out $150,000 in cash dividends and it has total equity of $5 million. The firm has 545,559shares outstanding. The current price is $62 per share. Calculate book value per share.

Format your answer with 2 decimals, for example, 1.34.

3. Beck Inc. has a net profit margin of 0.11 on sales of $36,173. The firm has debt of $9,008 and total assets of $15,782.

Calculate ROE.

Format the answer with two decimals, for example, .25.

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Rossdale, Inc., had additions to retained earnings for the year just ended of $632,000. The firm...
Rossdale, Inc., had additions to retained earnings for the year just ended of $632,000. The firm paid out $95,000 in cash dividends, and it has ending total equity of $7.27 million. If the company currently has 640,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Earning per share $ ___ Dividends per share $...
anitou Corp. had additions to retained earnings for the year just ended of $359,000. The firm...
anitou Corp. had additions to retained earnings for the year just ended of $359,000. The firm paid out $181,000 in cash dividends, and it has ending total equity of $5.36 million. The company currently has 150,000 shares of common stock outstanding. What are the earnings per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) Earnings           $  per share What are the dividends per share? (Round the final answer to 2 decimal places. Omit...
Makers Corp. had additions to retained earnings for the year just ended of $301,000. The firm...
Makers Corp. had additions to retained earnings for the year just ended of $301,000. The firm paid out $179,000 in cash dividends, and it has ending total equity of $4.84 million. The company currently has 150,000 shares of common stock outstanding.    What are earnings per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)       Earnings $  per share    What are dividends per share? (Do not round intermediate calculations and round...
Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm...
Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm paid out $194,000 in cash dividends, and it has ending total equity of $4.99 million. The company currently has 130,000 shares of common stock outstanding.    a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2...
Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm...
Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm paid out $194,000 in cash dividends, and it has ending total equity of $4.99 million. The company currently has 130,000 shares of common stock outstanding.    a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2...
ABC, Inc. reported retained earnings for the year just ended of $638,000. The firm paid out...
ABC, Inc. reported retained earnings for the year just ended of $638,000. The firm paid out $65,000 in cash dividends, and it has ending total equity of $7.33 million. a. If the company currently has 700,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. If the stock currently sells for $30.30 per share,...
Problem 3-6 Calculating Market Value Ratios [LO2] Makers Corp. had additions to retained earnings for the...
Problem 3-6 Calculating Market Value Ratios [LO2] Makers Corp. had additions to retained earnings for the year just ended of $174,000. The firm paid out $190,000 in cash dividends, and it has ending total equity of $4.95 million. The company currently has 140,000 shares of common stock outstanding.    What are earnings per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)       Earnings $  per share    What are dividends per share?...
Flex Co. just paid total dividends of $800,000 and reported additions to retained earnings of $2,400,000....
Flex Co. just paid total dividends of $800,000 and reported additions to retained earnings of $2,400,000. The company has 605,000 shares of stock outstanding and a benchmark PE of 16.2 times. What stock price would you consider appropriate?
Cooper Industries, Inc., began 2019 with retained earnings of $24.15 million. During the year it paid...
Cooper Industries, Inc., began 2019 with retained earnings of $24.15 million. During the year it paid four quarterly dividends of $0.32 per share to 3.08 million common stockholders. Preferred stockholders, holding 493,000 shares, were paid two semiannual dividends of $0.73 per share. The firm had a net profit after taxes of $5.41 million. Prepare the statement of retained earnings for the year ended December 31, 2019.
Calculation of EPS and retained earnings  Everdeen Mining​, ​Inc., ended 2019 with net profits before taxes...
Calculation of EPS and retained earnings  Everdeen Mining​, ​Inc., ended 2019 with net profits before taxes of $ 436 comma 000$436,000. The company is subject to a 21 %21% tax rate and must pay $ 64 comma 000$64,000 in preferred stock dividends before distributing any earnings on the 170 comma 000170,000 shares of common stock currently outstanding. a. Calculate​ Everdeen's 2019 earnings per share​ (EPS). b. If the firm paid common stock dividends of $ 0.80$0.80 per​ share, how many...