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darksky4658
12.03.2020 •
Business
In 2020, Esther Corporation reported net income of $600,000. It declared and paid preferred stock dividends of $150,000 and common stock dividends of $60,000. During 2020, Esther had a weighted average of 300,000 common shares outstanding. Compute Esther's 2020 earnings per share.
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Ответ:
$1.50 per share
Explanation:
The formula to compute the earning per share is shown below:
Earning per share = (Net income reported - preferred stock dividend declared) ÷ (Weighted average of common shares outstanding Number of shares)
= ($600,000 - $150,000) ÷ (300,000 shares)
= $1.50 per share
The rest of the items would be ignored for computing the earning per share
Ответ:
It associates the campaign with something the target audience can get behind
Explanation: