Calculate thelma and louie net income for the year

Reference no: EM13292554

Thelma and Louie, Inc., started the year with a balance of retained earnings of $543 million and ended the year with retained earnings of $586 million. The company paid dividends of $33 million to the preferred stockholders and $73 million to common stockholders. Calculate Thelma and Louie's net income for the year.

Reference no: EM13292554

Questions Cloud

What is the eps figure for 2008 : Pizza A had earnings after taxes of $600,000 in the year 2008, and 300,000 shares outstanding. In year 2009, earnings after taxes increased to $750,000, and 25,000 new shares were issued for a total of 325,000 shares. What is the EPS figure for 20..

Depict the corresponding planar (overhead) representation : A trisubstituted cyclohexane compound is given below in its chair conformation. Draw the corresponding planar (overhead) representation, using wedge-and-dash bonds to indicate the substituent positions

How much energy is stored in the coil at the same moment : A coil is connected in series with a 10.0k? resistor. A 50.0 V battery is applied across the two devices, How much energy is stored in the coil at the same moment

Calculate the rms value of the currentcarrried by power cord : a) A personal computer with a monitor and keyboardrequires 60 W at 110V (rms). Calculate the rms value of the currentcarrried by its power cord. b) A laser printer for the personal computer in (a) is ratedat 80W at 110V (rms).

Calculate thelma and louie net income for the year : The company paid dividends of $33 million to the preferred stockholders and $73 million to common stockholders. Calculate Thelma and Louie's net income for the year.

Design a counter which runs from 2 to 12 using d-flip-flop : design a counter which runs from 2 to 12 usingD-flip-flop. My doubt was whether to consider the unused state asdont care or to link to next state, meaning self correcting.When imake it as self correcting there are too many expressions.

Calculate salt and pepper 2011 ebit : Salt and Pepper incurred $14.9 million in depreciation expense and paid $25.5 million in taxes on EBIT in 2012. Calculate Salt and Pepper's 2011 EBIT.

Explain the table of first ionization energy : Looking at the table of first ionization energy, if the n=1 shell held 3 electrons max instead of 2, then the first ionization energy for Li(g) would be around _____ MJ/mol.

Compute the wacc : Also, Time Warner has $20 billion of debt that trades with a yield to maturity of 7%. If the firm's tax rate is 30%, compute the WACC?

User Account

All Pages