What are the earnings per share on the common stock

Assignment Help Cost Accounting
Reference no: EM13550393

Earnings per share of common stock Farah Snack Co. has earnings after taxes of $128,750. Interest expense for the year was $20,000; preferred dividends paid were $18,750; and common dividends paid were $30,000. Taxes were $15,000. The firm has 100,000 shares of common stock outstanding. What are the earnings per share on the common stock?

Reference no: EM13550393

Questions Cloud

Find astronomic bearing and magnetic for 2011 : Given the magnetic bearing in 1999= S86degree 36' 14''E with declination 11degree 18'W and 7'East/year. Find astronomic bearing and magnetic for 2011.
Determine the radius of influence of the pumping : The initial piezometric head in a confined aquifer has a thickness of 11.6 m is 85.7 m above sea level. A well with a radius of 0.5 m pumps at a constant rate of 1240 m3/day
How many pounds of ferric chloride per million gallons are : A ferric chloride dosage of 40 mg/l and an equivalent dosage of lime are used to coagulate a water.
Determine the uniform flow depth in a trapezoidal channel : Determine the uniform flow depth in a trapezoidal channel with a bottom width of 8 ft and side slopes of 1 vertical to 2 horizontal. The discharge is 100 ft3/s. Manning roughness factor is 0.015 and the channel bottom slope is 0.004.
What are the earnings per share on the common stock : Taxes were $15,000. The firm has 100,000 shares of common stock outstanding. What are the earnings per share on the common stock?
Prepare a single-step income statement : Prepare a multiple-step income statement and prepare a single-step income statement.
Prepare the journal entry for pension expense for 2012 : Compute pension expense for Webb Corp. for the year 2012 by preparing a pension worksheet - prepare the journal entry for pension expense for 2012.
Compute the ending inventory for midori company : Compute the ending inventory for Midori Company for 2011 through 2013 using the dollar-value LIFO method.
How much cost should be allocated to each shipment : ABC is estimating that there will be 400 shipments totalling 8,000 units during the current period. How much cost should be allocated to each shipment?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Determine the price variance and quantity variance

Determine the price variance, quantity variance, and total direct materials cost variance and determine the rate variance, time variance, and total direct labor cost variance.

  Ariba ltd produces a range of ground coffee for commercial

ariba ltd produces a range of ground coffee for commercial use within cafeacutes and restaurants. the company is

  List errors you find in the following statement of cash flow

List the errors you find in the following statement of cash flows. The cash balance at the beginning of the year was $180,576. All other amounts are correct, except the cash balance at the end of the year.

  Finlon upholstery inc uses a job-order costing system to

finlon upholstery inc. uses a job-order costing system to accumulate manufacturing costs. the companys work-in-process

  Determine what is the ending inventory balance

Deana, Inc. purchased merchandise for $500,000, received credit for purchase returns of $25,000, took purchase discounts of $10,000, and paid transportation in of $20,000. Refer to Deana, Inc. If Deana, Inc. had $20,000 in beginning inventory.

  How does the modified accrual basis of accounting

What are the three sections of a comprehensive annual financial report (CAFR)? What information is contained in each section? How do the minimum requirements for general purpose external financial reporting related in scope to the CAFR?

  How many units were lost in production

How many units were lost in production and equivalent production for materials, labor, and overhead, respectively

  Questionq suppose u borrow rs 5 lakh 4 ur colege year the

questionq. suppose u borrow rs. 5 lakh 4 ur colege year. the loan wil b paid off over 5 yrs. the loan carries 8 annual

  Implement because of measurement problems

Accounting practitioners have criticized some proposed accounting standards on the grounds that they would be difficult to implement because of measurement problems.

  Does warranty accrual decision create any ethical dilemma

Does the warranty accrual decision create any ethical dilemma for Bly and since warranty expenses vary, what percent do you think Bly should choose for the current year? Justify your response.

  Expalin factors that ellis quilting company should consider

Ellis Quilting Company makes blankets that it markets through a variety of department stores. It makes the blankets in batches of 1,000 units. Ellis made 20,000 blankets during the prior accounting period. The cost of producing the blankets is sum..

  Special revenue fund voluntary non-exchange transactionsthe

special revenue fund voluntary non-exchange transactionsthe city of eldon applied for a competitive grant from the

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