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accounting problems




Question;The information is condensed data taken from the balance;sheet at the end of the year;Net income: $300,000;Stockholder's Equity;Preferred 7% stock, $100 par $100,000;Common stock, $20 par $200,000;Paid-in capital in excess of par?common stock $50,000;Retained earnings $300,000;Cash Dividend paid on common stock $ 40,000;Common stock was selling for $56 at the end of the current;year.;I need: Dividend yield on common stock, earnings per share;on common stock and, price-earnings ratio on common stock.;Also;What type of retail clothing store with the highest ratio of;net sales to assets is most likely?;A. Men's clothing;B. Home Appliances;1. A company with working capital of $500,000 receives cash;for the entire balance on a $120,000 short-term note receivable (current;asset). The working capital immediately after the receipt is;A) $380,000;B) $500,000;2. If the acid-test ratio is 1.25, the receipt of cash from;the sale of marketable securities at their book value will cause the ratio to;A) decrease;B) not affected


Paper#42325 | Written in 18-Jul-2015

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