Dna Polymerase Is Able to Proofread the Dna Sequence.
Prepare entries in journal form without explanations to record the following transactions involving Dailey Corporation's $5 par value common stock:
The following amounts were reported by Ebert Corporation on December 31,2009: On January 3,2010,5,000 shares of treasury stock were sold.After the sale of the treasury shares,total stockholders' equity amounted to $277,500.No stockholders' equity transactions other than the sale of the treasury stock occurred between December 31,2009,and January 3,2010.From the information given,compute the selling price per share of the treasury stock.
On its December 31,2009,balance sheet,Houston Corporation reported its stockholders' equity as follows: During 2010,the following transactions occurred: Reacquired 2,500 shares at $7 per share. Sold 1,200 shares of treasury stock at $8 per share. Sold 500 shares of treasury stock at $6 per share. Net income for 2010 amounted to $80,000.No dividends were declared. Prepare the stockholders' equity section of the balance sheet as it should appear on December 31,2010.
Use the following information to obtain the ratios requested below.Where necessary,carry answers to one decimal place. Dividends per share: $.76 Market price per share: $40 Net income: $64,000 Stockholders' equity,beginning of year: $500,000 Stockholders' equity,end of year: $530,000 Earnings per share: $1.75 a. Dividends yield = _____________% b. Return on equity = _____________% c. Price/earnings (P/E) ratio = __________ times