Question: Name: Date: Cells highlighted in green contain a drop-down list; select the appropriate account/response from the list. When the calculations for net incomve available to

Name: Date: Cells highlighted in green contain a drop-down list; select

Name: Date: Cells highlighted in green contain a drop-down list; select the appropriate account/response from the list. When the calculations for net incomve available to common stockholders, Basic earnings per share, Price earnings ratio, and Dividend yield are correct, the cells will change to yellow. Davie Company reports $960,000 of net income for 2017 and declares $120,000 of cash dividends on its preferred stock for 2021. At the end of 2021, the company had 400,000 outstanding shares of common stock. 1. What amount of net income is available to common stockholders for 2 (Amounts to be deducted should be indicated with a minus sign.) Net income Divdends to preferred stockholders Net income available to common stockholders 2. What is the company's basic EPS for 2021? Basic Earnings per Share Choose Denominator: Choose Numerator: Basic Earnings per Share Basic eamings per share + = 3. Assume Davie's Market value per share is $12.60. What is the company's P-E ratio for 2021? Price-Earnings Ratio Choose Denominator: Choose Numerator: Price-Earnings Ratio Price-earnings ratio = 4. Assume that Davie's annual cash dividend per share is $1.39. Compute the company's dividend yield for 2017. (Round your answer to one decimal place.) Dividend Yield Choose Denominator: Choose Numerator: 1 = Dividend Yield Dividend yield + +

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