Ulating ditang Suppose U. S. had 200 million shares outstanding at the end of 2009. Based on the income
statement in Table 2.2, what was EPS? What were dividends per share?
From the income statement, we see that U. S. had a net income of $412 million for the
year. Total dividends were $103 million. Because 200 million shares were outstanding, we
can calculate earnings per share, or EPS, and dividends per share as follows:
totandinn

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.