Prepare the stockholders equity section of balance sheet

Assignment Help Financial Management

Reference no: EM131864980

Ruth's Chris Steakhouse is the largest upscale steakhouse company in the United States, based on total company and franchisee owned restaurants. The company's menu features a broad selection of high-quality USDA prime steaks and other premium offerings. Select information from the company's annual report is shown below:

Common stock, $0.01 par value, 100,000,000 shares authorized, 34,333,858 issued and outstanding at December 31, 2014; 34,990,170 issued and outstanding at December 31, 2013. Additional paid-in capital: $155,455,000 at the end of 2014 and $169,107,000 at the end of 2013. Accumulated deficit: $68,804,000 at the end of 2013. In 2014, net income was $16,455,000 and a cash dividend of $7,138,000 was paid.

Prepare the stockholders' equity section of the balance sheet at December 31, 2014, using this select information. (Amounts to be deducted should be indicated with a minus sign.)

Reference no: EM131864980

Questions Cloud

What is the customer lifetime value : Spectrum is an internet service provider that charges its 4 million customers $19.95/month for its service. What is the customer lifetime value?

What is the minimum six-month spot lending rate : What is the minimum 6-month spot lending rate that you need to get in order for you to reject the bank's offer?

Calculate the present value of total outflows : Compute the discount rate. Calculate the present value of total outflows. Calculate the present value of total inflows.

Company proceed with the development of the product : Should the company proceed with the development of the product if the discount rate is 20? Why or why not?

Prepare the stockholders equity section of balance sheet : Prepare the stockholders' equity section of the balance sheet at December 31, 2014, using this select information.

Difference in NPVs between the Make and Buy options : Calculate the difference in NPVs between the Make and Buy options. Express all costs as positive values in your calculations.

Fixed asset are depreciated using straight-line depreciation : Fixed assets are depreciated using straight-line depreciation over the project's life. What is the financial break-even point?

Blackberry does not plan to pay dividends in the next year : Suppose also that the current risk-free rate is 2% p.a. and Blackberry does not plan to pay dividends in the next year. What is the value of this bet to you?

The annual operating cash flow is projected : In other words, the annual operating cash flow is projected to be $67x5,300=$355,100.

User Account

All Pages