Earnings (net income) $ 189,000
Preferred stock (13,100 shares at $30 par, 4%) $ 393,000
Common stock (43,700 shares no par, market value $52) 514,000
Retained earnings 581,500
$ 1,488,500
Less: Treasury stock
Preferred (1,700 shares) $ 55,000
Common (1,700 shares) 30,000 85,000
Total stockholders’ equity $ 1,403,500

Required
a. Calculate the Stuart Company’s earnings per share ratio, price-earnings ratio and return on equity ratio

Answers

Answer 1

The earnings per ratio is 16.45%

The earnings-per-share ratio is calculated by dividing net income (before preferred dividends) by the total number of outstanding common stock shares. The price-earnings ratio illustrates the connection between the current market price and the current-period earnings per share.

Obtaining the earnings per share and the current share price to calculate the price-earnings ratio, which displays the market worth of the shares or how much investors are willing to pay for them.

Retained earnings 581,500

$ 1,488,500

Less: Treasury stock

Preferred (1,700 shares) $ 55,000

Common (1,700 shares)     30,000 85,000

Total stockholders’ equity $ 1,403,500

Earnings (net income) = $189,000

Preferred Dividend = $13,680 (13,100 - 1,700 x $30 x 4%)

Net income after preferred = $175,320

Earnings per share ratio = Net income/Number of common shares outstanding

= $175,320/(43,700 - 1,700)

= $4.17

Price-earnings ratio = Current market price/Earnings per share

= $52/$4.17

= 12.5x

Return on equity ratio = Net income after preferred dividend/Equity

= $175,320/$1,065,500 x 100

= 16.45%

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Related Questions

what are the nature's of market imbalance in economics​

Answers

Answer:

Market disequilibrium is an imbalance between supply and demand - such that supply exceeds the level of demand or demand exceeds the available supply. Types of disequilibrium are labor market disequilibrium and balance of payments disequilibrium

We're Not Broke - The Corporate Tax Cheats of America - Discussion Questions

Answers

We're Not Broke film describes the consequences of a rigid tax policy so riddled with loopholes that multinational corporations with billions of dollars in annual revenue can get away with paying no federal taxes. We're Not Broke film contends that there is the untapped political will to change this.

We're Not Broke tells the story of how corporations have been able to hide over a trillion dollars from the government, and how citizens across the country take to the streets to express their displeasure—and vow to hold them accountable.

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Which statement about studying management is most likely true?


Management is universally needed in all organizations.

Nonbusiness professionals do not benefit from studying management because they don't supervise people.

Studying management will inevitably enable you to earn more money and be a better manager.

As the holacracy concept expands, the need for traditional managers grows.

There is little value to studying management if your aspirations do not include transitioning into a management
position.

Answers

The statement about studying management that is most likely true is that Management is universally needed in all organizations.

What is Management?

Management can be described as the process that is been usd in almost all the organization ranging from the non governmental organization to the governmental organization which involves the planning as well as managing the resources as well as other tools that is been used in the organization so that the goals as well as the main objectives of the organization can be achieved.

It should be noted that the management is very essential because without management there will no be planning and the process of planning is very essential because it help in defining the goals as well as the task that is required by the teams in the organization  and this can help the team that wil;l organize this task and how it would be achieved , hence the process of management can be seen in all the organization.

Therefore the first option is correct.

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Discuss a time that you had to pitch an idea to someone and why that pitch was successful or unsuccessful?

Answers

To present a pitch for an idea Consider your concept carefully. Think out the specifics first before presenting your concept to anyone. Think about the concept's reach.

The required details for pitch in given paragraph

When someone makes a pitch, they are attempting to persuade others to do or purchase something. Another pitch for the President's economic plan was made. [ + for] Prue invited the editor of the magazine to lunch and presented her idea.

According to START UP, in order to make a strong pitch, you must perform the following three things: attract your audience's attention. lead them on a route that is both clear and rational. leave them with a strong call to action.

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A good filing system shares all of the common characteristics of a _________.
a.
Highway -- files often travel to different destinations
b.
Database -- it must store information for easy access and retrieval
c.
Business -- each folder must have a unique structure to serve different clients
d.
Library -- all files, whether they are used or not, must be in one location

Answers

Answer:

I'm pretty sure that the answer is option b (Database).

The argument that fixed manufacturing overhead is a cost of production because it is necessary to
produce units of output, is a characteristic of:

Answers

For cost-based pricing decisions, many managers favor absorption-costing information. They contend that the fixed cost of manufacturing is an essential component of production.

When employing variable costing, what does fixed manufacturing overhead entail?

Fixed manufacturing overhead is recognized as a period cost under variable costing and is fully charged against the income for the current period. 7-2 Both variable costing and absorption costing treat selling and administrative costs as period costs.

What justifications exist for classifying fixed manufacturing overhead expenses as product costs?

According to absorption costing, some of these fixed manufacturing costs can be diversified by product or the entire costs can be divided by the total number of products, therefore they should be classified as product costs.

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Tad, who does not have health insurance, obtains medical treatment at Urgent Care Clinic, but does not pay for it. To collect the debt, the clinic contacts Tad’s parents. This violates

Answers

To collect the debt, the clinic contacts Tad’s parents. This violates National Insurance Act of 1911.

Why do so many Americans not have health insurance ?

In the United States, 46 million people—nearly one in five non-elderly adults and children—do not currently have health insurance, a 6 million-person rise since 2000.  Recent increases in The lack of insurance has been linked to a number of variables, such as increasing medical expenditures, the reductions in governmental programs, a decline in employer-based insurance, and the economy

Understanding the causes of people's lack of insurance is necessary for creating successful methods to reduce it. insurance protection The reasons people report not having insurance generally and by important demographic groupings (identified by age, race/ethnicity, health, and family and aspects of the workplace). We also look at the evolution of those motives through time.

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Please help instructions are attached.

Answers

lease follow the instructions in the browser window. Press "Yes" if you have authenticated and "No" if you failed. The breakdown of this total is shown in the ...

i) From one of his market researches, the marketing manager of one of the mobile phone companies in Uganda estimated the demand and supply functions for mobile phones as follows: Qd=140,000-1 00P and Qs=80,000+50P respectively. Required:

a) Determine the market equilibrium price and quantity of the mobile phones and also comp ute for the total company's revenue at the market equilibrium situation.

b) If the government sets a fixed price for phones at P=$200, what nature and amount of market imbalance is created in the market, hence state the price policy the government h as applied. ​

Answers

Answer:

200 is the ancerw $200

Explanation:

20007578

What is a technique used to obtain primary data?

A. gaining access to an unpublished government report from the Federal Trade Commission (FTC)

B. conducting personal interviews with potential customers

C. establishing a database to store and cross-index articles from leading academics and researchers

D. reviewing the best-selling trade books and textbooks that present marketing principles

Answers

B. Conducting personal interviews with potential customers

Personal interviews with prospective clients are one method for gathering primary data. Thus, option (B) is correct.

What is the interview?

An interview is an organized dialogue in which one person asks questions and the other responds. The term “interview” is commonly used to refer to a one-on-one talk between an interviewer and an interviewee. Individual and group interviews are the two forms of interviews. Interviews with individuals:

There are many techniques to gather primary data. However, self-administered surveys, interviews, field observations, and experiments are the most popular methods.

Therefore, Thus, option (B) is correct.

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1. In your own words, explain what ethics is.
2. The video states that "codes of conduct express relevant ethical standards for many professions, such as medicine, law, journalism, and accounting." Brainstorm 3 possible codes of conduct for one of these professions.

Answers

The term ethics is in a broader sense, considers how people interact with one another and with nature, as well as their own freedom, responsibility, and sense of justice.

The possible codes of conduct for medicine professions are:

Non-maleficenceBeneficenceHealth maximization

What are the rules of conduct for professionals?

In order to understand what is morally right or wrong, just or unjust, ethics explores the intellectual justifications for our moral judgments.

Therefore,  professional code of conduct is a statement that informs staff members of how they should conduct themselves while representing their employer. The company's values, sanctions, and obligations are just a few examples of the components that can be found in a code of conduct.

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Consider an asset that costs $655,000 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $133,000. If the relevant tax rate is 24 percent, what is the aftertax cash flow from the sale of this asset?

Answers

The after tax cash flow from the sale of the asset at the end of its seven year life span is $145,994.29.

What is the after tax cash flow?

The after tax cash flow is the cash flow calculated after taxes have been deducted. Tax is a form of transfer of wealth from the private sector to the government. Tax is the compulsory amount that is deducted from the income of an individual or company.

After tax cashflow = value after the sale - tax(salvage sale - Book value)

Book value = value of the asset - accumulated depreciation

Annual depreciation = ($655,000 - 0) / 7 = 93,571.43

Accumulated depreciation = 93,571.43 x 5 = $467,857.14

Book value = $655,000 - $467,857.14 = $187,142.86

After tax cashflow = $133,000 - 0.24($133,000 - $187,142.86)

$133,000 - (0.24 x -54,142.86)

$133,000 + 12,994.29 = $145,994.29

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What are some public policies and what the broad social goals that are most likely targeted by the policies?


Help please:/

Answers

Answer:

Students work in small groups and are assigned a version of diary excerpts written by a student intern working for a policymaking legislator. Half the groups read a diary that focuses on stability, security, and equity as broad social goals. The other half read a diary that focuses on freedom, efficiency, and growth. Students determine which broad social goals are emphasized in their reading.  During a debriefing, students will discuss broad social goals and identify how trade-offs arise when a society pursues competing social goals. Finally, students choose a current social issue and develop a public policy to deal with that issue, identifying the goals they are attempting to achieve and trade-offs that might arise in terms of other worthy goals.

Explanation:

how can i implement sponsorship to launch a sports brands

Answers

Consider the kind you want. Selecting the ideal sponsorship might be difficult at times because there are so many factors to take into account. Finding Companies Wanting to brands Sponsor Athletes and Selecting the Best Athlete Sponsor.

Make an effort to find sponsors. Supporting events has a number of advantages for businesses, most notably the following: increased brand awareness thanks to media coverage, event advertising, and the event itself. Sponsorship chances during events that assist build their brand equity. Direct interaction with a warm lead brands audience. When seeking corporate support, be sure to emphasise how your initiatives will further the company's greater charitable objectives.

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What is the conservatism principle

Answers

honestly man idek you stuck w that one cause i barely know tbh tbh yeah ily bye

If you happen to be the financial manager of a company, which would you prefer to issue equity securities or debt securities?

Answers

Answer:

this is your answer hope this helps you

When we move up or down a given demand curve_______
a. only price is held constant.
b. income and the price of the good are held constant.
c. all nonprice determinants of demand are assumed to be constant.
d. all determinants of quantity demanded are held constant.

Answers

When we move up or down a given demand curve downward from the left to the right.

Price elasticity of demand is a dimension of the change in the consumption of a product in relation to a change in its price. Expressed mathematically, it's Price Pliantness of Demand = Chance Change in Quantity Demanded ÷ Chance Change in price.

A good's price pliantness of demand is a measure of how sensitive the volume demanded is to its price. When the price rises, the volume demanded falls for nearly any good, but it falls more for some than for others. Price pliantness of demand is the rate of the change in volume demanded of a product to the chance change in price. Economists employ it to understand how force and demand change when a product's price changes.

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Mo’yur lawn landscaping worksheet

Answers

Answer:

Company Chart of AccountsAssets100 Cash110 Accounts Receivable120 Inventory125 Supplies128 Prepaid Insurance129 Prepaid Rent130 Computers & Software132 Accumulated Depreciation -Computers & Software136 Company Vehicles137 Accumulated Depreciation - Vehicles138 Office Building139 Accumulated Depreciation - Office Building140 Land150 Intangible Assets (Patents, Copyrights, etc.)Liabilities200 Accounts Payable210 Wages Payable220 Taxes Payable230 Short-term Loan240 Unearned Revenue220 Long-term LoanOwner's Equity300 Owner's Capital Contribution310 Owner's Draws320 Retained EarningsRevenue400 Merchandise Sales410 Fees Earned420 Other RevenueExpenses500 Wages Expense510 Rent Expense520 Utilities Expense530 Office Supplies Expense540 Depreciation Expense550 Meals & Entertainment Expense560 Maintenance & Repair Expense570 Postage Expense580 Printing Expense590 Miscellaneous Expense

Does anyone know how to do this worksheet? I’m very confused.

Answers

Answer: Look up the definitions.

Explanation:

I know this isn’t very helpful but knowing what the definitions of the words will help a LOT.

Also, does anyone have an answer to Why did the history of digital animation begin in 1946?

True or False: Logistics management is the primary process of supply chain management.

True or False: The Economic Production Quantity depends in part on the maximum inventory and setup costs.

Answers

Answer:

1 .)True

2.)True

Explanation:

thanks for the points

Shareholders have financial interest in companies and therefore they are stakeholders of the company. True or false?

Answers

Answer:

True

Explanation:

Linda installed a special pool for the hydrotherapeutic treatment of severe arthritis, as prescribed by her doctor. The cost of installing the pool was $16,160, and her insurance company paid $4,040 toward its cost. The pool increased the value of Linda's house by $5,656, and it has a useful life of 10 years.

How much of a deduction (before any AGI limitations) is Linda entitled to in the year of installation of the pool?
$fill in the blank 1

Answers

Linda installed a special pool for the hydrotherapeutic treatment of severe arthritis, as prescribed by her doctor. The amount of deduction is $6464

What are AGI limitations?

Generally, Your Adjusted Gross Income (AGI) will never be more than the total gross income reported on your tax return, and in certain instances, it may even be lower.

On more information, please refer to the instructions for Form 1040 (PDF Schedule 1). If you file your taxes using the Married Filing Jointly status, the $73,000 AGI ceiling applies to the total amount of income that both of you bring in as a married couple.

Compute the amount of deduction as follows:

The deduction amount would be allowed as an expense in the year of installation.

Amount of deduction allowable = Special Equipment cost - Increase in property value -Insurance Received

Therefore

=16160- 4040 - 5656

= 6464

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Lars Osberg, a single taxpayer with a 35 percent marginal tax rate, desires health insurance. Volvo, his employer, has a 21 percent marginal tax rate. The health insurance will cost Lars $8,500 to purchase if he pays for it himself through the health exchange (Lars’s AGI is too high to receive any tax deduction for the insurance as a medical expense). Answer the following questions about this benefit. (Do not round intermediate computations. Round your final answer to the nearest whole dollar amount.)

b. What would be the after-tax cost to Volvo to provide Lars with health insurance if it could purchase the insurance through its group plan for $5,000?

c. Assume that Volvo could purchase the insurance for $5,000. Lars is interested in getting health insurance, and he is willing to receive a lower salary in exchange for the health insurance. What is the least amount by which Volvo would be willing to reduce Lars’s salary while agreeing to pay his health insurance?

Answers

b) the after-tax cost to Volvo to provide Lars with health insurance if it could purchase the insurance through its group plan for $5,000 will be $3000

c) the least amount by which Volvo would be willing to reduce Lars’s salary while agreeing to pay his health insurance will be $5000

A tax deduction is something you can take out of your taxable income in order to pay less in taxes overall. On Schedule A of your income tax return, you have the option of taking the standard deduction—a single deduction with a set dollar amount—or itemizing deductions.

b) Calculate the after-tax cost to the company Volvo of providing Mr. Las Osberg with health insurance.

Health Insurance = $5000

Marginal Tax Rate = 40%

The after-tax price can be calculated using the formula below.

After-Tax Cost = [Health Insurance * (1 - Marginal Tax rate)]

                         = 5000 * (1 - 40)

                         = 5000 * 0.60

After-Tax Cost = $3000

As a result, it will cost Volvo $3000 after taxes to cover Mr. Las Osberg's medical expenses.

c) Choose the salary reduction that Volvo will be willing to make while still agreeing to pay the life insurance sum.

From Las Osberg's wages, Volvo will withhold $5000 to cover the cost of his health insurance. This is carried out because the amount earned when a person receives compensation from the employer in the form of a wage or fringe benefit is deductible.

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Can someone help me on this please?

Answers

Answer:

Here are the answers

Explanation:

What type of market should be considered for these services or products: An orphan drug that is marketed for a rare genetic disease?

Question 2 options:

Micro-market


Mass-market


Untapped markets


Targeted markets


Redefined market

Answers

Concerning the orphan drug that is marketed for a rare genetic disease, the type of market that we should be considered for these services or products is known as a targeted markets.

What is known as targeted markets?

In marketing, a target market refers to the group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, lifestyle, condition etc. This market has a group of customers with shared demographics who have been identified as the most likely buyers of a company's product or service. Its also can inform a product's specifications, packaging and distribution.

The action of identifying the target market is a key part of the decision-making when a firm designs, packages and advertises its product. Therefore, identifying such market for the orphan drug for a rare genetic disease is important in the development and implementation of a successful marketing plan for any new product.

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Donald is a 21-year-old full-time college student. During 2021, he earned $2,550 from a part-time job and $1,150 in interest income. If Donald is a dependent of his parents, what is his standard deduction amount? If Donald supports himself and is not a dependent of someone else, what is his standard deduction amount?

Answers

His standard deduction amount would be of $ 2,900

To determine his standard deduction amount, he must first compute it. In the event that Donald is considered a dependent by his mother and father, we would need to do the following calculation:

His adjusted gross income is more than $1,150; hence, his standard deduction would be equal to $2,550 plus $350.

The amount deducted as the standard would be $2,900.

In light of this, Donald's standard deduction amount would be $ 2,900, provided that he is considered to be dependent on his parents.

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Camila is completing a project for her architectural design class. She has completed
some drawings of a model home and needs to fill them in with color. Which design
tool will she MOST LIKELY select?
Rendering tools
A level
A sketchbook
Fabric swatches

Answers

Camila is completing a project for her architectural design class. She has completed some drawings of a model home and needs to fill them in with color. Fabric swatches design tool she will MOST LIKELY select.

First of all, "cloth" is a material interwoven with fibers. Generally, fabrics are named after the textile user who made them. Some fabrics use a blend of different fibers. Fabrics are named according to the fibers used, their patterns and textures, and the manufacturing processes used. can be separated. Common examples of natural fibers are cotton, denim, wool, and silk.

A cloth is a cloth or other material made from interwoven cotton, nylon, wool, silk, or other threads. The fabric is used to make clothing, curtains, sheets, etc.

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Question 6 of 10
What was the main purpose of the Sarbanes-Oxley Act?
A. To increase competition in the accounting industry
B. To increase tax revenue for the government
O C. To create jobs for accountants
D. To protect investors from fraud and false financial reporting

Answers

The main purpose of the Sarbanes-Oxley Act is to protect investors from fraud and false financial reporting (option D).

What is financial reporting?

Financial reporting is described as a process through which the financial statements of an organization are issued. It is a process that includes communication as well as documentation of the financial performance and financial activities of an organization that is carried out for a specific period.  

The Sarbanes-Oxley Act is a law in the US, and the main purpose of this act is to protect investors. The disclosure made through financial reporting is made accurate and reliable through the implementation of this act.

It can be concluded that the main purpose of the Sarbanes-Oxley Act is to protect investors from fraud and false financial reporting (option D).

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List one benefit to creating a laminated menu. When should a restaurant not
laminate its menus?

Answers

Laminating enhances the color of any inks, which makes it better at attracting attention. A sense of extraordinary preparation and quality is also conveyed by the paper's thickness and strength.

What is Lamination?Lamination, used in the printing business, describes the process of adhering a transparent plastic film to printed material. In order to completely encase the menu in plastic when laminating restaurant menus, it is most frequently done by adhering this film to both sides of the printed item and including a sealed edge.A composite is created by laminating two or more films or sheets of paper, which are often bonded together with adhesives. Laminations can be used for a variety of objectives, frequently functional ones like creating a paper sheet more thicker and stronger.

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a) Beef supplies are sharply reduced because of drought in the beef-raising states, and consumers turn to pork as a substitute for beef. Describe how you would illustrate this change in the beef market in supply-and-demand terms.

Answers

The decrease in the supply of beef has led to increased demand for the product which ahs made the people to turn to pork as a substitute. Thereby increasing the demand for pork. Tre supply curve for beef would shift downward while the supply curve for pork would shift outward.

What is supply?

This is the term that has to do with the number of goods and services that consumers would need that are available in the market for consumption by the producers.

The supply of beef has fallen due to the drought.

What is demand?

This is the need that the people would have that would cause them to want to buy more of a product or a service.

Pork can replace beef, hence the demand for pork is now increased in the market.

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Use the intersect method to solve the equation. x^2 - 3x = x^2 -1 If you have the ability to sense and understand how others feel, even without being told, you have the ability to?. Businesses are required to follow laws and regulations, but theyfollowethical standards in a code of ethics. find the equation of the line that contains the point (6,4) and is perpendicular to the line y=3x-5 what is the median value?if another 5 is added, which statement must be true the mean would increase the mean would decrease the median would increaseboth the median and mean will stay the samehow many people made 3 or less trips to the movie Solve Step by step8 = x/7 + 9 Give the name (monomial,binomial, trinomial etc.) anddegree of the polynomial. There are 16 areas of responsibilities in the Scope of Practice in Nursing Administration. You are a Nurse Administrator in your health organization. What do you consider as your 10 priority areas of responsibility. Identify and explain what these are and why Find the length of the hypotenuse if the length of the legs are 6 inches and 9 inches.Round to two decimal places.The length of the hypotenuse is ___ inches. 19. laura wants to report on how many people have certain mental disorders in the largest cities in wisconsin. she is planning to carry out research. Why does George trust Slim? After reviewing her departments results, laurel decided that she needed to cut more costs for the department to meet its profitability goal for the year. Eliminating the unplanned advertising expenses is one way to. AssessmentTime Remaining: 2:33:21 | Question 16Charmaine spent $21 on fruit at the grocery store. She spent a total of $70 at the store. What percentage of the total did she spend on fruit?% Ai Mi was out at a restaurant for dinner when the bill came. Her dinner came to $9. After adding in a tip, before tax, she paid $11.79. Find the percent tip. What might happen to life in the oceans if there is increased CO in the water Find the values of a,b and c that would make the statements true.1) (ax+2)(5x+b)=10x^2+bx+c Energy and MatterDescribe the energy transformations that occur during photosynthesis and cellular respirationDescribe how energy is used in the body Which of the following is the correct order of these structures from largest to smallest? auniverse, solar system, galaxy, planet buniverse, galaxy, solar system, planet csolar system, universe, planet, galaxy dplanet, galaxy, solar system, universe Explanation and answer for both Part A and B please Wilbur landed his plane.The plane's elevation relative to the ground(in meters) as a function of time (in seconds)is graphed. How high was the plane after 1000 seconds?