Exam 11: Corporate Reporting and Analysis

The stockholders' equity section of a company's year-end balance sheet follows: Preferred stock, \ 50 par value, 9\% cumulative and nonparticipating, 10,000 shares outstanding \5 00,000 Paid-in capital in excess of par value, preferred stock 50,000 Total capital paid-in by preferred stockholders. \5 50,000 Common stock, \ 0.50 par value, 1,500,000 shares outstanding \7 50,000 Paid-in capital in excess of par value, common stock 150,000 Total capital paid-in by common stockholders 900,000 Total paid-in capital 1,450,000 Retained earnings 1,690,000 Total stockholders' equity \3 ,140,000 The preferred stock has a call price of $51.50 per share plus dividends in arrears.Only one year of dividends is in arrears.Calculate the book value per (1)preferred share,and (2)common share.

A proxy is:

Explain how to calculate the price-earnings ratio and describe how it is used in analysis of a company's financial condition and performance.

A company reports the following stockholders' equity: Paid-in Capital: Common stock, \2 par, 5,000,000 shares authorized \3 ,000,000 Paid-in capital in excess of par, Common stock 1,300,000 Total paid-in capital \4 ,300,000 Retained earnings 1,400,000 Total stockholders equity \5 ,700,000 Compute the (1)number of common shares outstanding and (2)book value per common share.

The dividend yield is computed by dividing:

The date the directors vote to declare and pay a dividend is called the:

When a corporation has only one class of stock,the stock is called: