Business, 12.12.2019 03:31 Tenika1

Statement of retained earnings hayes enterprises began 2015 with a retained earnings balance of $844 comma 000. during 2015, the firm earned $430 comma 000 after taxes. from this amount, preferred stockholders were paid $79 comma 000 in dividends. at year-end 2015, the firm's retained earnings totaled $1 comma 178 comma 000. the firm had 135 comma 000 shares of common stock outstanding during 2015. a. prepare a statement of retained earnings for the year ended december 31, 2015, for hayes enterprises. (note: be sure to calculate and include the amount of cash dividends paid in 2015.) b. calculate the firm's 2015 earnings per share (eps). c. how large a per-share cash dividend did the firm pay on common stock during 2015?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 01:00

Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?

Answers: 3

Answer

Business, 22.06.2019 03:00

Which of the following is not a consideration when determining your asset allocation

Answers: 3

Answer

Business, 23.06.2019 01:00

Tariffs and quotas are often imposed when a government is more responsive to interests, and the benefits of those trade restrictions are often ; concentrated producer; widely dispersed consumer; widely dispersed consumer; concentrated

Answers: 3

Answer

Business, 23.06.2019 14:00

All of the following are tasks associated with maintaining a checking account, except a. recording deposits in a checkbook register b. subtracting withdrawals to track the balance c. comparing the checkbook to the account statement in order to reconcile it d.getting your passbook updated when you make a deposit

Answers: 1

Answer

You know the right answer?

Statement of retained earnings hayes enterprises began 2015 with a retained earnings balance of $844...

Questions