cheyenneperuchi
15.05.2021 •
Business
A company reports the following:
Net income $160,000
Preferred dividends $10,000
Shares of common stock outstanding 20,000
Market price per share of common stock $35
The company's earnings per share on common stock is:
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Ответ:
$7.50
Explanation:
Earnings per share = Earning attributable to holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding
therefore,
Earnings per share = ($160,000 - $10,000) ÷ 20,000
= $7.50
thus,
The company's earnings per share on common stock is: $7.50
Ответ:
B
Explanation: