A company reports the following: $$\begin{array} { l r }
\text { Net income } & \$ 150,000 \
\text { Preferred dividends } & \$ 10,000 \
\text { Shares of common stock outstanding } & 20,000 \
\text { Market price per share of common stock } & \$ 35
\end{array}$$
Calculate the company's earnings per share on common stock.

Question

A company reports the following: $$\begin{array} { l r } 
\text { Net income } & \$ 150,000 \
\text { Preferred dividends } & \$ 10,000 \
\text { Shares of common stock outstanding } & 20,000 \
\text { Market price per share of common stock } & \$ 35
\end{array}$$ ​
Calculate the company's earnings per share on common stock.

Quizplus · Accepted Answer

The Answer of A company reports the following: $$\begin{array} { l r } 
\text { Net income } & \$ 150,000 \
\text { Preferred dividends } & \$ 10,000 \
\text { Shares of common stock outstanding } & 20,000 \
\text { Market price per share of common stock } & \$ 35
\end{array}$$ ​
Calculate the company's earnings per share on common stock.

A Company Reports the Following ​ Calculate the Company's Earnings Per Share on Common Stock

A Company Reports the Following
Calculate the Company's Earnings Per Share on Common Stock