94.
A company has earnings per share net income of $90,000; its weighted–average common
shares outstanding are 18,000. Its dividend per share is $0.45, its market price per share is
$88, and its book value per share is $76. Its price-earnings ratio equals:
95.
A company has earnings per share of $9.60. Its dividend per share is $0.50, its market
price per share is $110, and its book value per share is $96. Its price-earnings ratio
equals:
96.
The amount of annual cash dividends distributed to common shareholders relative to the
common stock’s market value is the:
97.
The dividend yield is computed by dividing:
98.
Stocks that pay relatively large cash dividends on a regular basis are called:
99.
Dividend yield is the percent of cash dividends paid to common shareholders relative to
the:
100.
A company paid $0.48 in cash dividends per share. Its earnings per share is $3.20 and its
market price per share is $20.00. Its dividend yield equals:
101.
A company paid $0.85 in cash dividends per share. Its earnings per share is $3.50, and its
market price per share is $35.50. Its dividend yield equals:
102.
Book value per share:
103.
Book value per common share is computed by:
104.
A company has 50,000 shares of common stock outstanding. The stockholders’ equity
applicable to common shares is $1,470,000, and the par value per common share is $5.
The book value per share is:
105.
Wiggins Company has 1,000 shares of $10 par preferred stock. It also has 25,000 shares of
common stock outstanding, and its total stockholders’ equity equals $500,000. The book
value per common share is:
106.
Djarleen Company has 10,000 shares of $10 par preferred stock. It also has 250,000
shares of common stock outstanding, and its total stockholders’ equity equals $4,000,000.
The book value per common share is:
107.
A company has 500 shares of $50 par value preferred stock outstanding, and the call price
of its preferred stock is $60 per share. It also has 20,000 shares of common stock
outstanding, and the total value of its stockholders’ equity is $680,000. The company’s
book value per common share equals:
108.
The Discount on Common Stock account reflects:
109.
Percy Corporation was formed on January 1. The corporate charter authorized 100,000
shares of $10 par value common stock. During the first month of operation, the
corporation issued 400 shares to its attorneys in payment of a $5,000 charge for drawing
up the articles of incorporation. The entry to record this transaction would include:
110.
A corporation sold 14,000 shares of its $1 par value common stock at a cash price of $13
per share. The entry to record this transaction would include:
111.
Comfort Mattresses, Inc. sold 26,000 shares of its $1 par value common stock at a cash
price of $12 per share. The entry to record this transaction would be:
112.
A corporation issued 6,000 shares of its $2 par value common stock in exchange for land
that has a market value of $84,000. The entry to record this transaction would include:
113.
A corporation issued 100 shares of its $5 par value common stock in payment of a $1,800
charge from its accountant for assistance in filing its charter with the state. The entry to
record this transaction will include:
114.
A company issued 60 shares of $100 par value common stock for $7,000 cash. The total
amount of paid-in capital is:
115.
A company issued 60 shares of $100 par value common stock for $7,000 cash. The journal
entry to record the issuance is:
116.
A company issued 70 shares of $30 par value preferred stock for $4,000 cash. The journal
entry to record the issuance is:
117.
A company issued 60 shares of $100 par value common stock for $7,000 cash. The total
amount of paid-in capital in excess of par is:
118.
A corporation issued 5,000 shares of $10 par value common stock in exchange for some
land with a market value of $70,000. The entry to record this exchange is:
119.
A premium on common stock: