how much your earning from here
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219. A company has accumulated earnings and profit of ($10,000)and current earnings of profit of $5,000. How much could berecognized as dividends for the year? a. $5,000 b. ($10,000) c.($5,000) d. $0
Problem 2-18 Price-earnings ratio [LO2]
Botox Facial Care had earnings after taxes of $280,000 in 2009 with200,000 shares of stock outstanding. The stock price was $30.80. In2010, earnings after taxes increased to $320,000 with the same200,000 shares outstanding. The stock price was $40.00.
Compute earnings per share and the P/E ratio for 2009. The P/Eratio equals the stock price divided by earnings per share.(Enter only numeric values. Round intermediate calculations and EPSanswer to 2 decimal places. Omit the "$" sign in yourresponse.)
Compute earnings per share and the P/E ratio for 2010. (Enter only numericvalues. Round intermediatecalculations and EPS answer to 2decimal places. Omit the "$" sign in your response.)
Give a general explanation of why the P/E ratio changed. (Round yourintermediate calculations and final answers to 2 decimalplaces. Omit the "%" sign inyour response.)
Problem 2-17 Earnings per share and retained earnings [LO1, 3]
Quantum Technology had $640,000 of retained earnings on December31, 2010. The company paid common dividends of $30,000 in 2010 andhad retained earnings of $500,000 on December 31, 2009.
How much did Quantum Technology earn during 2010? (Omit the "$" sign in your response.)
What would earnings per share be if 40,000 shares of common stockwere outstanding? (Roundyour answer to 2 decimal places. Omit the "$" sign in your response.)
X Company currently has net earnings of $1,000 and a degree ofoperating leverage of 5, A 10% increase in sales should result in aSelect one: a. 50% increase in net earnings. b. 5% increase in netearnings. c. $50 increase in net earnings. d. $100 increase in netearnings.