Share to common stockholders

Reference no: EM13158718

For 2008, Orchard Corporation reported after-tax net income of $5,800,000. During the year, the number of shares of stock outstanding remained constant at 10,000 of $100 par, 9 percent preferred stock and 400,000 shares of common stock. The company's total stockholders' equity was $23,000,000 at December 31, 2008. Orchard Corporation's common stock was selling at $52 per share at the end of its fiscal year. All dividends for the year had been paid, including $4.80 per share to common stockholders.

Required:

Compute the following:

a. Earnings per share
b. Book value per share of common stock
c. Price-earnings ratio
d. Dividend yield

Reference no: EM13158718

Questions Cloud

Do you think this pattern of trade is consistent : Do you think this pattern of trade is consistent with the principle of comparative advantage?

Binary search algorithm : Use the binary search algorithm to seach the list. (You might need to modify the algorithm given in this chapter to count the number of comparisons.)

Calculate the equilibrium concentrations of ch3cl : In a basic aqueous solution, chloromethane undergoes a substitution reaction in which Cl- is replaced by OH-: CH3Cl(aq)+OH-(aq) CH3OH(aq) + Cl-(aq)

Share to common stockholders : Orchard Corporation's common stock was selling at $52 per share at the end of its fiscal year. All dividends for the year had been paid, including $4.80 per share to common stockholders.

What are the main orders of placental mammals : What are the main orders of placental mammals? What are some representative species and distinguishing features of each of those orders?

What is the final temperature of the combined metal sheets : the system achieves thermoequilibrium at atmospheric pressure. Assume no heat loss to the surroundings. What is the final temperature of the combined metal sheets?

Development of unique byzantine culture : Compare and contrast the Eastern and Western halves of the Roman Empire and examine the development of the unique Byzantine culture. Discuss this in terms of social, political and economic structures.

Complete the design and implementation : Complete the design and implementation of the class customerType defined in the Programming Example Video Store. b. Design and implement the class customerListType to create and maintain a list of customers for the video store.

User Account

All Pages