What are raines earnings per share

Assignment Help Financial Accounting
Reference no: EM133184690

Questions -

Q1. If Reid company earned $500,000 in net income, spent $100,000 in cost of goods sold, had $55,000 of general and administrative expenses, $45,000 in interest expense, $30,000 in depreciation expenses, and $50,000 in taxes, what was the company's sales revenue? (with formula/calculation please so i can understand)

Q2. If Raines company earned $280,000 in net income, and paid cash dividends of $40,000, what are Raines's earnings per share if it has 80,000 shares outstanding?

Q3. Why might one firm have positive cash flows and be headed for financial trouble, whereas another firm with negative cash flows could actually be in good financial position?

Reference no: EM133184690

Questions Cloud

What is the amount of net capital spending : OC Motor Supply had beginning-year net fixed assets of $479 and ending-year net fixed assets of $563. What is the amount of net capital spending
Projects come in on time on quality and on budget : In project management, there is nothing more important than making sure your projects come in on time on quality and on budget.
How much is the net taxable income : Gross Income - PHP 3,000,000. (b) Business Expenses - PHP 2,400,000. (c) NOLCO - PHP 500,000. How much is the net taxable income
What is labor force participation rate : What is the labor force participation rate? What was the labor force participation rate in 2008? How is unemployment measured and reported?
What are raines earnings per share : If Raines company earned $280,000 in net income, and paid cash dividends of $40,000, what are Raines's earnings per share if it has 80,000 shares outstanding
What was national income : What was national income (NI) for 2008? What does national income tell us? What is the difference between GDP and NI? How has NI changed since 2008?
Calculate the amount of interest capitalized : New loan $1,000,000 was borrowed with 8% rate for the construction. Calculate the amount of interest capitalized for 2022
Create climate for change and encourage risk-taking : What are some of the actions a leader can take to create a climate for change and encourage risk-taking? Be specific.
Create climate of trust and facilitate relationships : How can leaders create a climate of trust and facilitate relationships among people in a work team?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the impact on statement of comprehensive income

Calculate the impact on the statement of comprehensive income of selling the annual egg production and corn harvest of JCC for the year ended December 31.

  Estimate the markets expected growth in dividends

Assume that the current dividend per share is $1.52 and is expected to grow thereafter, and that the cost of equity capital is 8.0%

  Prepared the consolidated statement of financial position

Prepared the consolidated statement of financial position as at 31 December 2018. H Limited acquired 70% of shares in S Limited on 01 January 2015

  What is the? bond yield to? maturity

The market price is ?$1,175 for a 9?-year bond ?($1,000 par? value) that pays 8% annual? interest, but makes interest payments on a semiannual basis.

  Find what is the additional opportunity cost to the company

Galactus Inc. is considering bringing its credit policy. What is the additional opportunity cost to the company of the proposed credit policy on these sales?

  Explain residual theory of dividend

List 3 reasons why a business should consider repurchasing some of its own common shares. Identify 3 main differences between Preferred Shares and Common Shares

  The product becomes less competitive and sales drop

Assume that we produce only what we sell. Let P be the selling price in dollars per gallon. Suppose that the selling price and the sales quantity Q are interrelated as follows: Q 6 106 1.1 106P. Accordingly, if we raise the price, the product becomes..

  Find what is the project discounted payback period

$60,000, expected net cash inflows of $14,000 per year for 7 years, and a cost of capital of 13%. What is the project's discounted payback period?

  What is the postretirement benefit expense for 2020

Crane Co. provides the following information about its postretirement benefit plan for the year 2020.

  Determine how much will have to deposit now

How much will they have to deposit now so that can make their withdrawals at the end of each month, if the bank offers them a monthly interest rate of 2.89%?

  Find how much retain earning reduce by property dividend

The market value of the King stock was $30 per share on the date of declaration. By how much is retained earnings reduced by the property dividend?

  Find and determine how much will have at end of three years

You will be receiving a payment of $5,000 in three years. You feel an 8% required rate of return is appropriate. What is the value of this investment today?

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