Question: two problems. could really use help on CV Question 12 View Policies Current Attempt in Progress Here is the income statement for Teal Mountain Inc.

two problems. could really use help on  two problems. could really use help on CV Question 12 View
Policies Current Attempt in Progress Here is the income statement for Teal
Mountain Inc. TEAL MOUNTAIN INC. Income Statement For the Year Ended December
31, 2020 Sales revenue $431.600 234,300 Cost of goods sold Gross profit

CV Question 12 View Policies Current Attempt in Progress Here is the income statement for Teal Mountain Inc. TEAL MOUNTAIN INC. Income Statement For the Year Ended December 31, 2020 Sales revenue $431.600 234,300 Cost of goods sold Gross profit Expenses including $16.200 interest and $22.500 income taxes) Net income 197.300 75 200 $122.100 Additional information 1. Common stock outstanding January 1.2020 was 26.700 shares and 36.000 shares were outstanding at December 31 2020 2. The market price of Teal Mountain stockin 2020 O 604 de SP W 5 6 00 9 E C R T OP [ F G H JIK IL 1 Dan C VB / N M car Additional information: Common stock outstanding January 1, 2020, was 26,700 shares, and 36,000 shares were outstanding at December 31, 2020 2. The market price of Teal Mountain stock was $13 in 2020. 3. Cash dividends of $24,200 were paid, 56,600 of which were to preferred stockholders. Compute the following measures for 2020. (Round all answers to 2 decimal places, es. 183 or 2.51%) a) Earnings per share $ Price-earnings ratio times Payout ratio % Times interest earned times e Textbook and Media Attempts unlimited SA DI 5 6 8 0 . E R T Y U o P S/D F G H J | K | L X/CVB N IM Question 13 View Policies Current Attempt in Progress Bramble Corp, experienced a fire on December 31, 2020, in which its financial records were partially destroyed. It has been able to salvage some of the records and has ascertained the following balances. December 31, 2020 December 31, 2019 Cash $31.700 $16.900 Accounts receivable (net) 79.900 129,500 Inventory 204,500 181.600 Accounts payable 53.900 95.500 Notes payable 32,800 60,300 Common stock, 5100 par 405.300 405,300 Retained earnings 113,700 104,100 Additional information 1. The inventory turnover is 5.0 times 2. The return on common stockholders'equity is 18%. The company had no additional paid-in capital 3. The receivables turnover is 12.8 times 4. The return on assets is 17% 5. Total assets at December 31, 2019, were 5614300 to search R0 PM 6240020 EL 4 's 6 8 9 0 ERT Y U O P D // F G IH JK L 2 el o SO 3 5 00 9 O E RTI YU OP a F G H JIK CIV v BN M pause

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!