Evaluate the earnings per share of common stock

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Reference no: EM132605523

The following information pertains to Parsons Co.:

Preferred stock, cumulative:

Par value per share $100

Dividend rate 8%

Shares outstanding 10,000

Dividends in arrears none Common stock:

Par value per share$10

Shares issued121,000

Dividends paid per share$2.10

Market price per share$47.00

Additional paid-in capital$490,000

Unappropriated retained earnings (after closing)$290,000

Retained earnings appropriated for contingencies$280,000

Common treasury stock:

Number of shares10,000

Total cost$240,000

Net income$635,000

Question 1: Compute

  1. Total amount of stockholders' equity in the balance sheet
  2. Earnings per share of common stock
  3. Book value per share of common stock
  4. Payout ratio of common stock
  5. Return on common stock equity

Reference no: EM132605523

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