The number of shares outstanding is equal to the number of shares issued by the company minus the number of the company’s own shares that it has purchased.
A feature common to both stock splits and stock dividends is…
A feature common to both stock splits and stock dividends is:
The ending Retained Earnings balance of Lambert Incorporated…
The ending Retained Earnings balance of Lambert Incorporated increased by $1.5 million from the beginning of the year. The company’s net income earned during the year is $3.5 million. What is the amount of dividends Lambert Incorporated declared and paid?
Assume net income was $140,000, depreciation expense was $5,…
Assume net income was $140,000, depreciation expense was $5,700, accounts receivable decreased by $10,000, and accounts payable decreased by $3,300. The amount of net cash flows from operating activities is:
Stock splits are issued primarily to:
Stock splits are issued primarily to:
Which of the following would be classified as an investing c…
Which of the following would be classified as an investing cash flow?
A partial balance sheet for Captain D’s Sportswear is shown…
A partial balance sheet for Captain D’s Sportswear is shown below:(dollars in thousands) Assets: Liabilities and Stockholder’s Equity:Cash$ 67Accounts payable$ 247Accounts receivable (net)172Other liabilities86Investments52Total current liabilities333Inventory206Interest-bearing debt112Prepaid rent34Total liabilities445Total current assets531Common stock160 Retained earnings191Property & Equipment, (net)265Total stockholders’ equity351Total assets$796Total liabilities and equity$796 What is the debt to equity ratio?Note: Round your answer to two decimal places.
We report treasury stock at the cost of the shares acquired.
We report treasury stock at the cost of the shares acquired.
Common-size analysis is another term used for:
Common-size analysis is another term used for:
Other things being equal, the higher the debt to equity rati…
Other things being equal, the higher the debt to equity ratio, the higher the risk of bankruptcy.