Ringgold Corporation has outstanding at December 31, 2017, 50,000 shares of $20 par value, cumulative, 6% preferred
Question:
Instructions
Compute Ringgolds 2017 earnings per share.
The weighted-average number of shares of common stock outstanding was 80,000 for 2016 and 100,000 for 2017.
Instructions
Calculate earnings per share and return on common stockholders equity for 2017 and
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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