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Business, 27.05.2020 15:57 angel34emb
Here is the income statement for Metlock, Inc. METLOCK, INC. Income Statement For the Year Ended December 31, 2020 Sales revenue $449,500 Cost of goods sold 211,500 Gross profit 238,000 Expenses (including $11,700 interest and $29,700 income taxes) 78,800 Net income $ 159,200 Additional information: 1. Common stock outstanding January 1, 2020, was 22,400 shares, and 37,300 shares were outstanding at December 31, 2020. 2. The market price of Metlock stock was $13 in 2020. 3. Cash dividends of $22,600 were paid, $4,900 of which were to preferred stockholders. Compute the following measures for 2020. (Round all answers to 2 decimal places, e. g. 1.83 or 2.51%) (a) Earnings per share $enter a dollar amount (b) Price-earnings ratio enter Price-earnings ratio in times times (c) Payout ratio enter percentages % (d) Times interest earned enter Times interest earned times
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Business, 22.06.2019 20:00, kickdoedon
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
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Here is the income statement for Metlock, Inc. METLOCK, INC. Income Statement For the Year Ended Dec...
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