Suppose the firm in Problem 2 paid out $85,000 in cash dividends. What is the addition to retained earnings?
Answer to relevant QuestionsSuppose the firm in Problem 3 had 110,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure?The 2010 balance sheet of Greystone, Inc., showed current assets of $3,120 and current liabilities of $1,570. The 2011 balance sheet showed current assets of $3,460 and current liabilities of $1,980. What was the company’s ...Dimeback, Inc. is obligated to pay its creditors $5,800 during the year.a. What is the market value of the shareholders’ equity if assets have a market value of $7,100?b. What if assets equal $5,200?For 2011, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.If Roten Rooters, Inc., has an equity multiplier of 1.45, total asset turnover of 1.80, and a profit margin of 5.5 percent, what is its ROE?
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