Gemco Surfboards, Inc., has 530,000 shares of stock outstanding. The firm paid out $410,000 in dividends, $275,000 in interest, and added $340,000 to retained earnings for the year. What is the amount of the earnings per share?
A) $1.24
B) $1.42
C) $1.55
D) $1.66
E) $1.86
Correct Answer:
Verified
Q101: A firm has current sales of
Q102: API, Inc., had annual sales of $1,590,000
Q103: The DeSoto Container Company has sales of
Q104: Carter's Books, Inc., has net income of
Q105: A firm has net income of $439,000
Q106: The Starck company has net income of
Q108: Eagle Tactical, Inc., has taxable income of
Q109: What is the operating cash flow,
Q110: A firm has a price-cash flow ratio
Q111: Belmont, Inc., has annual sales of $3.2
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents