Ringmeup inc. had net income of $189,500 for the year ended december 31, 2019. at the beginning of the year, 37,000 shares of common stock were outstanding. on may 1, an additional 11,000 shares were issued. on december 1, the company purchased 4,500 shares of its own common stock and held them as treasury stock until the end of the year. no other changes in common shares outstanding occurred during the year. during the year, ringmeup paid the annual dividend on the 7,000 shares of 3.10%, $100 par value preferred stock that were outstanding the entire year. required: calculate basic earnings per share of common stock for the year ended december 31, 2019. (do not round intermediate calculations. round your answer to 2 decimal places.)

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Which of the following has the largest impact on opportunity cost