Business, 03.03.2020 17:30 katelynbychurch

SHAMROCK, INC. Income Statement For the Year Ended December 31, 2017 $417,000 223,000 194,000 Sales revenue Cost of goods sold Gross profit Expenses (including $16,700 interest and $22,900 income taxes) Net income 79,000 $115,000 Additional information: 2017, was 29,100 shares, and 39,900 shares were outstanding at December 31, 2017, 1. Common stock outstanding January 1, 2. The market price of Shamrock stock was $14 in 2017 3. Cash dividends of $25,000 were paid, $4,500 of which were to preferred stockholders Compute the following measures for 2017. (Round all answers to 2 decimal places, e. g. 1.83 or 2.51%) de (a) Earnings per share (b) Price-earnings ratio (c) Payout ratio (d) Times interest earned times times

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:50

Carver company produces a product which sells for $30. variable manufacturing costs are $15 per unit. fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. a selling commission of 10% of the selling price is paid on each unit sold. the contribution margin per unit is:

Answers: 2

Answer

Business, 22.06.2019 14:40

Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.

Answers: 3

Answer

Business, 22.06.2019 21:20

1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?

Answers: 2

Answer

Business, 22.06.2019 23:20

Assume a competitive firm faces a market price of $60, a cost curve of c = 0.003q^3 + 25q + 750, and a marginal cost of curve of: mc = 0.009q^2 + 25.the firm's profit maximizing output level (to the nearest tenth) is , and the profit (to the nearest penny) at this output level is $ will cause the market supply to (shift right/shift left). this will continue until the price is equal to the minimum average cost of $

Answers: 2

Answer

You know the right answer?

SHAMROCK, INC. Income Statement For the Year Ended December 31, 2017 $417,000 223,000 194,000 Sales...

Questions