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Question - Earnings per Share and Price-Earnings Ratio - A company reports the following:
Net income $214,000
Preferred dividends $12,000
Shares of common stock outstanding 20,000
Market price per share of common stock $140.39
Required -
a. Determine the company's earnings per share on common stock.
b. Determine the company's price-earnings ratio.
Prepare the entry to record the employer payroll costs, assuming these will not paid until September. Calculate current and non-current portion of notes payable
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George Walls, president of Bradley School, is concerned about declining enrollments. Bradley School is a technical college that specializes in training.
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Mike owns a snowmobile manufacturing business,
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1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to net sales for each of the years. Round to one decimal place.
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