Archer company had net income of 140100 last year the

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Archer Company had net income of $140,100 last year. The company has 8,200 shares of common stock and 5,700 shares of preferred stock outstanding. There was no change in the number of common or preferred shares outstanding during the year. Preferred dividends were $3 per share. The earnings per share of common stock was: A. $15.00 B. $21.58 C.$16.39 D.$12.00

The following data have been taken from your company's financial records for the current year: Earning per share $30 Dividend per share $12 Market price per share $210 Book value per share $135 The price-earnings ratio is: A. 2.5 B. 6.8 C. 4.5 D. 7.0 6. Verhague Corporation's net cash provided by operating activities was $93,800; its net income was $63,800; its capital expenditures were $81,350; and its cash dividends were $15,750.

Required: Determine the company's free cash flow. (Negative amount should be indicated by a minus sign.) Free cash flow $ __________________

Lemar Corporation's net cash provided by operating activities was $82; its income taxes were $37; its capital expenditures were $91; and its cash dividends were $3. The company's free cash flow was: A. -$43 B. $213 C. -$12 D. $25 10. Artist Company's net income last year was $600,000. The company has 155,000 shares of common stock and 44,900 shares of preferred stock outstanding. There was no change in the number of common or preferred shares outstanding during the year. The company declared and paid dividends last year of $1.80 per share on the common stock and $0.80 per share on the preferred stock. The earnings per share of common stock is closest to: A. $4.44 B. $13.36 C. $3.64 D. $3.87

Reference no: EM13611988

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