preferred stock 30 million shares
common stock 250 million shares
Worldwide Widget Manufacturing, Inc. Income Statement for Years Ending December 31, 2015 and 2014 (in millions of dollars) 2015 2014 Net sales Less: Cost of goods sold Gross profits Less: Other operating expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes Net income Less: Preferred stock dividends Net income available to common stock holders Less: Common stock dividends Addition to retained earnings Per (common) share data Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) 9 $2,018 753h. ? $1,623 $1,189 162 $1,022 114 114 $1,086 908 423 $1,200 i. ? s 949 $ 780 $664 546 -98 - 98 s 566 448 219199 $ 347 249 k. ? $1.79 $0.88 1. ? $ 5.77 Market value per share (MVPS) $23.97 $22.47 d37 g. Net sales for 2015 h. Less: Cost of goods sold for 2014801 i. Less: Interest for 201531 503 j. Less: Taxes for 201 k. Earnings per share (EPS) for 2015 1. Dividends per share (DPS) for 2014 m. Book value per share (BVPS) for 2015, Graded Project
Earning per share =Net Income available to commonstockholders /number of common shares outstanding
= 566/250
= $ 2.264 per share (2.26 per share)
I)Dividend per share for2014 = common stock dividend /shares outstanding
= 199/250
= $ .796 per share [rounded to .80]
m)Book value per share= Book value of 2014 + [addition to retained earning for 2015 /common shares outstanding]
= 5.77+ [347/250]
= 5.77+ 1.388
= $ 7.158 per share [rounded to 7.16]
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