1. Shamrock Company had net income of $34,000. On January 1, there were 8,400 shares of common stock outstanding. On April 1, the company issued an additional 2,200 shares of common stock. There were no other stock transactions. Find the company has earnings per share.
2. A company has a market value per share of $ 44.25. Its net income is $ 3,375,000 and the weighted-average number of shares outstanding is 450,000. Find the company's price-earnings ratio.
3. A company has 48,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $552,000 and the par value per common share is $10. Find the book value per share.
4. A company had a beginning balance in retained earnings of $51,100. It had net income of $6,900 and paid out cash dividends of $6,525 in the current period. What is the ending balance in retained earnings account?:
5. A company has 4,000 shares of $50 par value, 3.50% cumulative and nonparticipating preferred stock and 40,000 shares of $10 par value common stock outstanding. The company paid total cash dividends of $4,000 in its first year of operation. The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is equal to what?
6. A company's board of directors votes to declare a cash dividend of $.75 per share. The company has 25,000 shares authorized, 22,000 issued, and 19,800 shares outstanding. Calculate the total amount of the cash dividend.