The following information is available for Amanda Co.for the current year. $$\begin{array} { l r }
\text { Common shares outstanding } & 150,000 \
\text { Preferred stock dividend declared and paid } & \$ 90,000 \
\text { Net income } & \$ 300,000
\end{array}$$ ? Calculate the company's earnings per share.

Question

The following information is available for Amanda Co.for the current year. $$\begin{array} { l r } 
\text { Common shares outstanding } & 150,000 \
\text { Preferred stock dividend declared and paid } & \$ 90,000 \
\text { Net income } & \$ 300,000
\end{array}$$ ? Calculate the company's earnings per share.

Quizplus · Accepted Answer

The Answer of The following information is available for Amanda Co.for the current year. $$\begin{array} { l r } 
\text { Common shares outstanding } & 150,000 \
\text { Preferred stock dividend declared and paid } & \$ 90,000 \
\text { Net income } & \$ 300,000
\end{array}$$ ? Calculate the company's earnings per share.

The Following Information Is Available for Amanda Co ? Calculate the Company's Earnings Per Share