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ACG 2011 Principles of Accounting Assignment - Broward College, USA
Question - Earnings per Share, Price-Earnings Ratio, Dividend Yield
The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year:
Common stock, $30 par value (no change during the year)
$4,800,000
Preferred $10 stock, $200 par (no change during the year)
4,000,000
The net income was $584,000 and the declared dividends on the common stock were $40,000 for the current year. The market price of the common stock is $20.40 per share.
For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. If required, round your answers to two decimal places.
Issue How should Justin's compensation package be allocated between salary and dividend
Yengling Company's payroll for the year is $593,150. Of this amount, $211,630 is for wages paid in excess of $7,000 to each individual employee.
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deemed guilty of monopolization of commerce
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A company has current assets of $589,000 and current liabilities of $263,000. What is the current ratio after the payment of the dividend
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