CHECKLIST OF KEY FIGURES
Chapter 15 Corporations: Dividends, Retained Earnings, and Income Reporting
Page |
Assignment |
Check Figures |
722
|
P15-1A
|
(a) Cash dividend decreases assets, retained earnings, and total shareholders' equity, $80,000 |
722
|
P15-2A
|
Ending retained earnings, $545,000 |
723
|
P15-3A
|
(c) Total shareholders' equity, $2,600,000 |
723
|
P15-4A
|
(c) Total shareholders' equity, $1,543,000 |
724
|
P15-5A
|
(b) Ending retained earnings, $2,590,000 (c) Total shareholders' equity, $7,030,000 |
724
|
P15-6A
|
(a) Net income, $126,000 |
724
|
P15-7A
|
(a) Net income, $192,000 (b) Ending retained earnings, $1,015,000 |
725
|
P15-8A
|
1999, Earnings per share, $2.98; Payout ratio, 19.6% |
725
|
P15-1B
|
(a) 1. June 30 retained earnings balance, ($34,000); 2. June 30, number of shares issued balance, 248,000 |
726
|
P15-2B
|
(b) Total shareholders' equity, $610,000 |
726
|
P15-3B
|
(c) Total shareholders' equity, $2,436,000 |
727
|
P15-4B
|
(c) Total shareholders' equity, $2,248,500 |
727
|
P15-5B
|
(b) Ending retained earnings, $1,053,000 (c) Total shareholders' equity, $5,273,000 (e) 9.5 times |
728
|
P15-6B
|
(a) Net income, $358,400 (b) Ending retained earnings, $715,400 |
728
|
P15-7B
|
Net income, $1,414,000 |
729
|
P15-8B
|
1999, Earnings per share, $1.46; Payout ratio, 94.8% |
729
|
BYP15-1
|
(a) 49,170 shares issued |
730
|
BYP15-3
|
(c) 1999 PE ratio before discontinued operations, 23.54 times; after discontinued operations, 26.59 times |
731
|
BYP15-5
|
(b) Earnings per share, prior year, continuing operations, $3.12 (d) Ending retained earnings, $548.9 million |