Find the level of retained earnings

Assignment Help Finance Basics
Reference no: EM1364364

My company showed retained earnings of $400,000 on its balance sheet last year. This year, the company's earnings per share (EPS) were $3.00 and its dividends paid per share (DPS) were $1.00. The company has 200,000 shares of stock outstanding. Showing the computations what is the level of retained earnings on the company's balance sheet this year?

Reference no: EM1364364

Questions Cloud

What is the speed of the train at the end of distance : After collision, the component of the total momentum parallel to the floor must remain zero, since the net external force acting on the plate has no component parallel to floor.find out the masses of pieces 1 and 2.
Explain security strategy for a corporate wan : Prescribe a security strategy for a corporate WAN. Be sure to include methods to combat both technical and nontechnical attacks. C
Computing current price of the stock : A Corporation will pay a $2 per share dividend in one year. The dividend in 2 years will be $4 per share, and it is expected that dividends will grow at 5% per year thereafter.
Explain soda can company is opening up a new store location : Explain Soda Can Company is opening up a new store location in sixty days and As Executive Director of Stores you have to put together a strong team quickly
Find the level of retained earnings : My company showed retained earnings of $400,000 on its balance sheet past year. This year, the company's earnings per share were $3 and its dividends paid each share were $1.00.
Find bcnf decomposition of relation schema : Consider a relation schema r(A,B,C,D,E, F) and a set of functional dependencies {A BCD,BCDE,BD,DA}.  Determine whether or not (A,E, F) is in BCNF and justify your answer. If (A,E, F) is not in BCNF,find a BCNF decomposition of it.
How fast will the electron be moving : How fast will the electron be moving. What was his average speed (in m/s) for the race.
Healthcare professionals within organization : The research will assist the director in assessing that all healthcare professionals within organization have the appropriate license or certification.
Ruben corporation-breakeven point : Corresponds to CLO 2(c) Ruben Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.50 each, and the variable cost to manufacture them was $2.25 per unit.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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