Statement of stockholders equity reconciles the net income

Assignment Help Financial Management
Reference no: EM131821568

Stockholders' equity Aa The statement of retained earnings or the statement of stockholders' equity reconciles the net income, dividends paid, and the change in retained earnings during a particular year. Which of the following best describes shareholders' equity? O Equity is the sum of shareholders' capital provided by shareholders and retained earnings. O Equity is the difference between the company's assets and retained earnings. NOW Inc. released its annual results and financial statements. Grace is reading the summary in the business pages of today's paper. In its annual report this year, NOW Inc. reported a net income of $172 million. Last year, the company reported a retained earnings balance of $442 million, whereas this year it increased to $520 million. How much was paid out in dividends this year? O $3 million O $475 million O $250 million O $94 million

Reference no: EM131821568


Write a Review


Financial Management Questions & Answers

  Bonds discount rate is lowered

Which one of the following will occur if a bond's discount rate is lowered?

  Calculate the net cash settlement at june 2011

Prepare the journal entries on June 30, 2011, to record the interest and necessary adjustments for changes in fair value. Use the extended method demonstrated in Illustration A-2.

  Net salvage value

Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $22 million, of which 85% has been depreciated. The used equipment can be sold today for $5.5 million, and its tax rate is 35%. What is the equipment'..

  Net present value profile to compare project

You are using a net present value profile to compare Project A and B, which are mutually exclusive. Which one of the following statements correctly applies to the crossover point between these two?

  What is effective annual interest rate

how much should be deposited now? what is the effective annual interest rate?

  Constant rate of growth dividend policy

ABC Corp. is going to pay an annual dividend of $4.23 a share on its common stock next year. This year, the company paid a dividend of $4.50 a share. The company adheres to a constant rate of growth dividend policy. What will one share of this common..

  Find after-tax return to corporation

Find the after-tax return to a corporation that buys a share of preferred stock at $32, sells it at year-end at $32, and receives a $4 year-end dividend. The firm is in the 30% tax bracket.

  Determine the rate of return on the investment

Assuming that the security is held until maturity, the investor will receive $100,000 (face amount). Determine the rate of return on this investment.

  Statements about bonds

Are the following statements about bonds

  Desires floating-rate loan-firm desires fixed-rate loan

Firm A desires a floating-rate loan; firm B desires a fixed-rate loan. Based on the following information, design a swap that will appear equally attractive to A and B. A mortgage lender currently holds a loan with a principal of $10 million. The loa..

  Calculate the APR of a loan

Calculate the APR of a loan for $10,125, including loan fees of $350, at 13% for 6 years.

  Company assets using the net asset value method

Using the information stated below what is the value of a company’s assets using the Net Asset Value method?

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