Compute the book value per share of common stock

Assignment Help Accounting Basics
Reference no: EM133071403

Question - During Year 3, Stuart Corporation reported after-tax net income of $3,565,000. During the year, the number of shares of stock outstanding remained constant at 9,780 of $100 par, 10 percent preferred stock and 399,000 shares of common stock. The company's total stockholders' equity is $19,600,000 at December 31, Year 3. Stuart Corporation's common stock was selling at $51 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.80 per share to common stockholders.

Required -

a. Compute the earnings per share.

b. Compute the book value per share of common stock.

c. Compute the price-earnings ratio.

d. Compute the dividend yield.

Reference no: EM133071403

Questions Cloud

Discuss the implications of our hedging actions : A. We fear a revaluation of the currency of our affiliate the S. African rand.
How much was Super Market net cash provided : Current assets decreased by $5,000, and current liabilities increased by $7,000. How much was Super Market's net cash provided
Find company most current yearly ratios : Pick a publically traded company listed on either the NYSE or NASDAQ and complete each part below. You can use the Financial Management Project Template to comp
Explain the high standard deviations : Risk - A broker has advised you not to invest in the oil industry stocks because they have high standard deviations.
Compute the book value per share of common stock : During Year 3, Stuart Corporation reported after-tax net income of $3,565,000. Compute the book value per share of common stock
Banking plan at a different institution : Research online two different banking plans in Canada(it could be two different banking plans at the same institution or comparing a banking plan at one institu
International management : Define and describe the different kinds of strategic alliances that businesses can take part in.
How much potential value would murray lose : Murray Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable.
What is the bond yield-to-call : Suppose that Company W has a bond that can be called in 5 years at a call price of $1,100. The bond has a maturity of 25 years and a coupon rate of 7%. It curre

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