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Author Question: Barber Industries reported net sales of $92,000, net income of $32,000, dividends paid to preferred ... (Read 66 times)

fungirl

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on: Feb 5, 2023

Question 1

Barber Industries reported net sales of $92,000, net income of $32,000, dividends paid to preferred stockholders of $7,000, dividends paid to common stockholders of $10,000, average number of shares outstanding is 5,000 and average common stockholders' equity of $96,000. What is the return on common stockholders' equity?
◦ 33.3%
◦ 26.0%
◦ 88.5%
◦ 95.8%

Question 2

Barber Industries reported net sales of $92,000, net income of $32,000, dividends paid to preferred stockholders of $7,000, and dividends paid to common stockholders of $10,000. The average number of shares outstanding is 5,000. What is the earnings per share?
◦ $16.40
◦ $6.40
◦ $18.40
◦ $5.00
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by fungirl on Feb 5, 2023

kyledifference

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fungirl

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

tuate

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Reply 3 on: Yesterday
Excellent

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