Robert Company's 2020 balance sheet reported net fixed assets of $12,146,600 and accumulated depreciation of ($2,069,650 ). Robert Company's 2021 balance sheet reported net fixed assets of $13,972,900 and accumulated depreciation of ($5,008,150 ). What was the change in gross fixed assets for Robert Company between 2020 and 2021? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568. Q 11. The year-end 2021 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $13,520, capital surplus of $29,830 and retained earnings of $57,090 . On the 2020 year-end balance sheet, retained earnings are listed as $50,590 . The firm's net income in 2021 was $30,000 . No stock was issued or repurchased in 2021. What were total dividends paid by the firm in 2021? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568.

Q12. The year-end 2020 balance sheet for Tom's Copy, Inc. lists common stock ($1.20 par value) of $119,400, capital surplus of $18,410 and retained earnings of $68,960 . On the 2019 year-end balance sheet, Tom's Copy, Inc. lists retained earnings of $47,910 . The firm's net income in 2020 was $205,300 . No stock was issued or repurchased in 2020. What were dividends per share paid by the firm in 2020?

Record your answer rounded to the nearest cent. Do not include a dollar sign or commas in your answer. For example, record $10.248976 as 10.25.

Q13. In 2021, Jillian's Jade Company had an operating profit of $529,070. Interest expense for the year was $168,403, taxes paid were $172,428, and common stock dividends paid were $50,101. On its 2021 balance sheet, Jillian's Jade Company listed 45,175 shares of common stock outstanding. Calculate the earnings per share for Jillian's Jade Company for 2021.

Record your answer rounded to the nearest cent. Do not include a dollar sign or commas in your answer. For example, record $10.248976 as 10.25.

Q 14. The Dunder Mifflin Company has current assets of $222,440, total assets of $718,020, current liabilities of $171,760, and long-term liabilities of $241,230 . The firm has 123,900 shares of common stock outstanding. Compute the firm's book value per share (that is, book value of equity divided by number of shares of common stock outstanding).

Record your answer rounded to the nearest cent. Do not include a dollar sign or commas in your answer. For example, record $10.248976 as 10.25.

Answer rating: 100% (QA)

The change in gross fixed assets for Robert Company between 2020 and 2021 can be calculated by subtr... View the full answer