What was the earnings per share

Assignment Help Financial Accounting
Reference no: EM13142518

For 2010 Stoneland Corporation reported net income $26,000; net sales $400,000; and average shares outstanding 6,000. There were preferred stock dividends of $2,000. What was the 2010 earnings per share?

Reference no: EM13142518

Questions Cloud

Probability-eight people considers themselves baseball fans : Find the probability that the number who considers themselves baseball fans is (a) exactly eight (b)at least eight and (c) less than eight. If possible use technology to find the probabilities.
Determining the passive loss : White Corporation, a closely held personal service corporation, has $150,000 of passive losses, $120,000 of active business income, and $30,000 of portfolio income. How much of the passive loss may White Corporation deduct?
Risk of diversion of customer receipts : Which of the following internal controls most likely would reduce the risk of diversion of customer receipts by an entity's employees?
How many pills does the patient need to take : A patient needs to take 625 mg of ibuprofen twice daily. The pills in the bottle are each 250. mg. How many pills does the patient need to take each time she wants the 625 mg dosage? Assume that these pills are scored and can be cut in half if ne..
What was the earnings per share : For 2010 Stoneland Corporation reported net income $26,000; net sales $400,000; and average shares outstanding 6,000. There were preferred stock dividends of $2,000. What was the 2010 earnings per share?
Probability that container of juice filled on machine one : If a filled container of juice is selected at random, what is the probability that it was filled on machine I and is a conforming container?
Find norm deductible loss : The car was covered by a $2,000 deductible insurance policy. Norm did not file a claim against the insurance policy because of a fear that reporting the accident would result in a substantial increase in his insurance rates. His adjusted gross inc..
What are the tax consequences of the stock redemption : In the current year, Tan Corporation redeems 300 shares of Jacob’s stock for $320,000. What are the tax consequences of the stock redemption to Jacob?
What is the molar mass of the compound : If 1.56g of a gas has a volume of 1.00 L at .984 atm and 50 degrees Celcius, what is the molar mass of the compound

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Explain how do webusiness people and as a society

After all, we live in a society where the norm is to 'have someone's back' and to not 'rat out someone'. Explain how do we, as businesspeople and as a society, overcome the loss of trust many feel toward whistle-blowers?

  Determine how kmart and sears approached change in owner

Determine how Kmart and Sears approached the change in ownership interest under current GAAP and how that approach would differ under proposed GAAP. Provide specific examples to support your response.

  Record the journal entries necessary on crain''s books

Record the journal entries necessary on Crain's books for 2005 assuming that Crain uses the equity method to account for its investment in Downey.

  Determine interest expense on the 2012 income statement

Evaluate net cash flow from operating activities would be reported on the 2012 cash flow statement? Determine interest expense would be reported on the 2012 income statement?

  Prepare the closing entries

Prepare the closing entries and Open t-accounts and record the account balances at December 31, 2008.

  Illustrate what amount of the proceeds should be allocated

Mouser Company issues 4,000 shares of its $5 par value common stock having a market value of $25 per share and 6,000 shares of its $15 par value preferred stock having a market value of $20 per share for a lump sum of $192,000. Illustrate what am..

  What should be the price of the stock if comparable yields

If a preferred stock pays an annual $4.50 dividend, what should be the price of the stock if comparable yields are 10 percent? What would be the loss if yields rose to 12 percent?

  Difference between a stock dividend and a stock split

Write a paragraph that explains the difference between a stock dividend and a stock split - Explanation about the main differences between a stock dividend and a stock split.

  How cash could be safely distributed to the partners

The partners anticipated that expenses required to liquidate their partnership would amount to $6,000. Capital balances were as follows: Prepare a proposed schedule of liquidation, showing how cash could be safely distributed to the partners at th..

  What would sales have to be in order for howard to earn

Howard Enterprises has a contribution margin ratio of 65% and fixed costs of $15,000. What would sales have to be in order for Howard to earn an after-tax profit of $50,000? The company is in the 40% tax bracket

  Describe the opportunity set

Describing the opportunity set, notice there is a portfolio that has the lowest standard deviation. This is the minimum variance portfolio. Evaluate what are the portfolio weights, expected return, and standard deviation of this portfolio?

  Show the total cost line on the scatter diagram

Purpose a Scatter diagram for these data with sales volume plotted on the total cost and horizontal axis plotted on the vertical axis

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