The following information pertains to Parsons Co.: Preferred stock, cumulative: Par value per share 1 answer below »

The following information pertains to Parsons Co.:
Preferred stock, cumulative:     Par value per share $100     Dividend rate 8%     Shares outstanding 11,000     Dividends in arrears none Common stock:     Par value per share $10     Shares issued 110,000     Dividends paid per share $2.10     Market price per share $49 Additional paid-in capital $480,000 Unappropriated retained earnings (after closing) $290,000 Retained earnings appropriated for contingencies $300,000 Common treasury stock:     Number of shares 11,000     Total cost $250,000 Net income $646,000

Compute (assume no changes in balances during the past year): (Round per share and ratios to 2 decimal places, e.g. $15.75 or 15.75%.)
(a) Total amount of stockholders’ equity in the balance sheet $ (b) Earnings per share of common stock $ per share (c) Book value per share of common stock $ per share (d) Payout ratio of common stock % (e) Return on common stock equity %

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