Calculate the putin companys ratios

Assignment Help Accounting Basics
Reference no: EM131793278

Problem

Selected data for Putin Company for 2014 and additional information on industry averages follow.

Earnings (net income)


195,600

Preferred stock (13,200 shares at $50 par, 4%)


660,000

Common stock (45,000 shares no par, market value $56)


510,000

Retained earnings


562,500

 


1,732,500

Less: Treasury stock



Preferred (1,800 shares)

54,000


Common (1,800 shares)

24,000

78,000

Total stockholders' equity


1,654,500

Industry averages


Earnings per share

5.20

Price-earnings ratio

9.50

Return on equity

11.20%

Required

a. Calculate the Putin Company's ratios. (Round your answers to 2 decimal places.)

Reference no: EM131793278

Questions Cloud

Discuss the fifo perpetual inventory method : Using the FIFO perpetual inventory method, what was the cost of the 25 units sold
Pursue niche differentiation strategy : Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a niche differentiation strategy.
Computing the present value of cash flows : What is the present value of cash flows of $600 at the end of years 1 through 4, a cash flow of negative $800 at the end of year 5, and cash flows of $1000.
Calculate the control limits for confidence interval : Calculate the control limits for a 98% confidence interval.
Calculate the putin companys ratios : Selected data for Putin Company for 2014 and additional information on industry averages follow. Calculate the Putin Company's ratios.
An applicant for an engineering job : In an assessment center, an applicant for an engineering job might ________.
How does compounding compare with discounting : Present values are negatively impacted by higher interest rates. How does compounding compare with discounting? How does the future value of an annuity.
Compare at least two separate businesses : Compare and contrast at least two separate businesses and offer your opinion on which company you would prefer to shop at due to the returns policy
Develop time standard for the task of cleaning cat cage : The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd