CAN ANY ONE PLEASE SOLVE THIS PROBLEM WITHINAN HOUR !

ABOUT 15PROBLEMS? INCLUDING WORS FILE

1. A company has net income of $ 1,030,000. It also has 143,000 weighted-average common shares outstanding and a market value per share of $ 133. The company's price-earnings ratio is equal to:

A.18.5 B.13.9 C.106.4 D.9.25 E.7.20

2. 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:

1.$4,000 2.$3,000 3.$7,000 4.$10,000 5.$14,000

3. A company issued 160 shares of $100 par value stock for $37,000 cash. The total amount of contributed capital is:

1.$100 2.$1,600 3.$21,000 4.$36,000 5.$37,000

4. A company issued 65 shares of $ 100 par value stock for $ 8,500 cash. The total amount of paid-in capital in excess of par is:

1.$100 2.$ 650 3.$ 2,000 4.$ 6,500 5.$ 8,500

6. A company's board of directors votes to declare a total cash dividend of $50,000. The company has 5,000 shares of $1 par common stock and 800 shares of 3%, $100 par preferred stock outstanding. What is the total amount that will be paid to preferred shareholders?

1.$1,000 2.$50,000 3.$800 4.$2,400 5.$45,000

9. Use the following information and the indirect method to calculate the net cash provided or used by operating activities:

Net income	$19,800
Depreciation expense	18,750
Payment on mortgage payable	24,000
Gain on sale of land	12,000
Increase in merchandise inventory	3,550
Increase in accounts payable	10,650
Proceeds from sale of land	14,000

1.$20,750

2.$57,650

3.$32,750

4.$47,650

5.$33,650

19. A company's sales in 2013 were $300,000 and in 2014 were $324,000. Using 2013 as the base year, the sales trend percent for 2014 is:

1.7.41% 2.100% 3.8.00% 4.108% 5.92.6%

21. If a company had net income of $2,469,600, interest expense of 243,000, a tax rate of 40%, and operating income of $4,380,000, what is the times interest earned ratio?

1. 0.16 2. 18.02 3. 7.86 4. 7.26 5. 4.06

22. Dell reported net sales of $9,964 million and average accounts receivable of $940 million. Its accounts receivable turnover is:

A 91 B 10.6 C 36.2 D 49.8 E 3,760

23. A company had average total assets of $894,000. Its gross sales were $1,175,000 and its net sales were $1,018,000. The company's total asset turnover is equal to:

A 1.15 B 0.88 C 1.14 D 0.76 E 1.31

24. A company had a beginning balance in retained earnings of $52,000. It had net income of $7,000 and paid out cash dividends of $6,625 in the current period. The ending balance in retained earnings account is equal to:

1 $131,250 2 $(13,625) 3 $38,375 4 $52,375 5 $(13,625)

26.The following income statement and information about changes in noncash current assets and current liabilities SONAD COMPANY Income Statement For Year Ended December 31, 2013 Sales Cost of goods sold $ Gross profit Operating expenses Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense 2,182,000 1,069,180 1,112,820 $ 298,934 52,368 58,914 6,546 24,002 440,764 672,056 Gain on sale of equipment 8,728 Net income $ 680,784 Changes in current asset and current liability accounts for the year that relate to operations follow. Accounts receivable Merchandise inventory $ 31,750 increase Accounts payable 36,675 increase Salaries payable $ 15,025 decrea 5,200 decrea Required: Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect metho deducted should be indicated with a minus sign.) 34,35,36