During the year, Lox, Stock and Bagel Inc.'s net income was $60,000. Its average stockholders' equity was $240,000, and it had 120,000 shares outstanding the entire year. Its stock was selling for $10 per share. Its P/E ratio equals ______. The company has no preferred stock.Multiple choice question.0.500.2520.0040.00

Required informationExercise 11-10 (Static) Small stock dividend LO P2Skip to question[The following information applies to the questions displayed below.]The stockholders’ equity section of TVX Company on February 4 follows.Common stock—$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding $ 600,000Paid-in capital in excess of par value, common stock 425,000Retained earnings 550,000Total stockholders’ equity $ 1,575,000On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock’s market value is $40 per share on February 5 before the stock dividend.Exercise 11-10 (Static) Part 22. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.)

Lollipop Corp. provides the following information:EBIT = $286.50Tax (TC )= 35%Debt= $810Cost of debt capital = 10%RU = 15%What is the value of the firm?Multiple Choice$1,050.72$1,241.53$1,525.03$1,654.91$1,784.03

Use the following financial data regarding Joy Ride Investments Co.12/31/2021 12/31/2020Net Income   $         30,000,000  $         13,560,000Shares outstanding                 2,100,000                2,100,000Total Assets   $       150,000,000  $       115,500,450Total Liabilities   $         59,000,000  $         62,000,000Total Shareholder Equity   $         71,500,450  $         53,500,450Market Price per Share  $                   16.23  $                   12.74What is the Price to earnings ratio on 12/31/2021?Group of answer choices9.451.1415.6711.00

Stockholders’ equity of Ernst Company consists of 85,000 shares of $5 par value, 11% cumulative preferred stock and 305,000 shares of $1 par value common stock. Both classes of stock have been outstanding since the company’s inception. Ernst did not declare any dividends in the prior year, but it now declares and pays a $150,000 cash dividend at the current year-end.Determine the amount distributed to each class of stockholders for this two-year-old company.

Chocolate Heaven, Inc. had a balance of $200,000 in shareholders’ equity at 31 December 20X6. During 20X7, the company recorded a net profit of $50,000, distributed dividends of $30,000, and borrowed $10,000. What was the company’s shareholders’ equity at 31 December 20X7?Question 5Select one:a.$200,000b.$210,000c.$220,000d.$230,000