SondraStark_ACC116_UNIT_8_Homework_Templates

SondraStark_ACC116_UNIT_8_Homework_Templates - Unit 8,...

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Unformatted text preview: Unit 8, Chapter 15 Practice Exercises Name Sondra Stark Instructions for template use: The following template is provided to you to assist you with the homework assignments. The areas shaded in green are the areas of the template in which you should place your answers. Please contact your instructor if you have any questions on the use of the template. PE 15-1A See instructions for the problem on page 675 of the textbook. Hint: Review pages 650 - 651 of the textbook. PLAN 1 PLAN 2 Earnings before bond interest & income taxes 400000 400000 Bond interest 120000 60000 Balance 280000 340000 Income tax 112000 136000 Net income 168000 204000 Dividends of preferred stock 140000 Earnings available for common stock 168000 64000 Number of common shares /100000 /80000 Earnings per share on common stock 1.68 0.8 Unit 8, Chapter 15 Practice Exercises Name Sondra Stark Instructions for template use: The following template is provided to you to assist you with the homework assignments. The areas shaded in green are the areas of the template in which you should place your answers. Please contact your instructor if you have any questions on the use of the template....
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SondraStark_ACC116_UNIT_8_Homework_Templates - Unit 8,...

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