Calculate Earning Per Share You remember that the New York Bakery retired 224,812 shares in 2021. That means total outstanding shares are currently overstated. Calculate Earnings Per Share for 2021 using the corrected amount and round your answer to 2 decimal points.
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- Stock subscriptions receivable are listed as __________ on the balance sheet. (a) current liabilities (b) current assets (c) long-term assets (d) contra-stockholders equityDefine each of the following terms: Annual report; balance sheet; income statement Common stockholders’ equity, or net worth; retained earnings Statement of stockholders’ equity; statement of cash flows Depreciation; amortization; EBITDA Operating current assets; operating current liabilities; net operating working capital; total net operating capital Accounting profit; net cash flow; NOPAT; free cash flow; return on invested capital Market Value Added; Economic Value Added Progressive tax; taxable income; marginal and average tax rates Capital gain or loss; tax loss carryforward Improper accumulation; S corporationWhat item flows from the income statement to the statement of retained earnings?a. Cashb. Dividendsc. Net incomed. Inventory
- How would the share dividends distributable account balance be presented on the statement of financial position? * a. as part of current liabilities b. as addition to share capital c. as addition to retained earnings d. as addition to additional paid in capitalThe comparative statements of Crane Company are presented here. Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses Interest expense Income before income taxes Income tax expense Net income Assets Current assets Crane Company Income Statements For the Years Ended December 31 Plant assets (net) Total assets Cash Debt investments (short-term) Accounts receivable (net) Inventory Total current assets Crane Company Balance Sheets December 31 Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,813,600 1,013,400 2022 $60,000 70,200 117,400 123,700 371,300 $ 189,981 598,900 $970,200 $160,800 43,500 204,300 220,000 424,300 275,600 2022 270,300 545.900 $970,200 800,200 514,800 285,400 17,400…What are the distributions to the stockholders by a firm called? A. retained earningsB. net incomeC. dividendsD. capital payments
- which of the below ratios can I use the attached file to calculate? return on total assets return on common stockholder's equity dividend payout ratio price-earnings ratioLiquidating dividends are credited to a. incomeb. Retained earningsc. Investment accountd. share capitalCash dividends declared but not paid as of the statement of financial position date are reported as a. current liabilityb. deduction from Cashc. addition to Share Capitald. addition to Additional Paid-in Capital
- Calculate: -cost of common equity from retained earnings, using the CAPM method. - cost of new common stock based on the CAPMHow is treasury stock reported on the balance sheet? Select one: Investment Contra asset Current asset Reduction of stockholders' equityThe term capital structure refers to_______ O a. Long-term debt, preferred stock, and common stock equity O b. Current assets and current liabilities O c. Shareholders' equity O d. Total assets minus liabilities