Here is the income statement for belding inc belding inc

Assignment Help Accounting Basics

Reference no: EM13591403

Here is the income statement for Belding, Inc. BELDING Inc. Income statement for the year ended December 31, 2012 Sales $400,000 costs of goods sold 250,000 gross profit 150,000 expenses 100,000 net income 50,000 Additional info.: 1. Common stock outstanding January 1, 2012, was 30,000 shares, and 40,000 shares were outstanding at december 31, 2012. 2. The market price of Belding, Inc. stock was $15.20 in 2013. 3. Cash dividends of $16,000 we paid, $4,500 of which were preferred stockholders. Intructions: Compute the following measures for 2012. a. earnings per share b. price earnings ratio. c. payout ratio d. times interest earned ratio.

Reference no: EM13591403

Questions Cloud

Wise company is considering an investment that requires an : wise company is considering an investment that requires an outlay of 600000 and promises an after-tax cash inflow 1

How much money must the company set aside now in an : a company that specializes in online security software development wants to have 85 million available in 3 years to

Harper co provided the following information concerning two : harper co. provided the following information concerning two products contribution margin per unit- product 12 46

Vandross company has recorded bad debt expense in the past : vandross company has recorded bad debt expense in the past at a rate of 1.5 of net sales. in 2012 vandross decides to

Here is the income statement for belding inc belding inc : here is the income statement for belding inc. belding inc. income statement for the year ended december 31 2012 sales

The managers special advertise the same tires selling at a : at tire depot a pair of new tires sells for 216 . the managers special advertise the same tires selling at a rate of

Unified path transfers cash to the mfs bank account for : analyze the following scenario the unified path is an umbrella organization that solicits donations to support its many

A company is considering the following alternatives : a company is considering the following alternatives alternative 1 alternative 2 revenues 240000 240000 variable costs

During its tax year kantz inc receives a loan for 100000 : during its tax year kantz inc. receives a loan for 100000 and sells for 70000 equipment with an adjusted basis of

User Account

All Pages