*Calculation of Selected Financial Ratios

question 111

Essay

*Calculation of selected financial ratios
Cuba Corp. provides the following information for 2020:
Preferred shares, 8%, par value $ 100, cumulative, callable:

Instructions
Calculate the following (assume no changes in share account balances during 2020):
a) Total amount of shareholders' equity on the December 31, 2020 statement of financial position
b) Earnings per share
c) Price earnings ratio of common shares
d. Payout ratio of common shares
e) Book value per common share

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Definitions:

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The cooler, deeper layer of water in a stratified lake, lying below the warmer, upper epilimnion layer and not mixing with it.

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Biome

A large community of plants and animals that occupies a distinct region defined by its climate and ecosystems.

Supports

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