Elite Trailer Parks has an operating profit of $275,000. Interest expense for the year was $37,900; preferred dividends paid were $29,100; and common dividends paid were $41,500. The tax was $67,700. The firm has 16,400 shares of common stock outstanding. Required:
a. Calculate the earnings per share and the common dividends per share for Elite Trailer Parks. (Round your answers to 2 decimal places.)
b. What was the increase in retained earnings for the year?

a. Earning per share

This is the amount due to shareholders divided by the common share number.

= Operating profit - Interest - Preferred divided - tax ) / No of commons shares

= (275,000 - 37,900 - 29,100 - 67,700) / 16,400

=  $8.55

Dividend per share

= Common dividend / Common stock

= 41,500 / 16,400

= $2.53

b. Increased in retained earnings = Profit - Interest - Preferred divided - tax - common dividend

= 275,000 - 37,900 - 29,100 - 67,700 - 41,500

= $98,800

Retained earnings will increase by $98,800

bd = 9 cm

step-by-step explanation:

in a 30°-60°-90° triangle, the ratio of side lengths is 1 : √3 : 2. that is, the longest side (hypotenuse) is twice the length of the shortest side.

all of the triangles in your geometry are 30°-60°-90° triangles. ac is the hypotenuse of δacd, and the short side of δabc.

the short side ad of δacd will be half the length of ac, so 3 cm. the hypotenuse ab of δabc will be twice the length of ac, so 12 cm. segment bd is the difference of the lengths ab and ad, so is

bd = ab -ad

bd = 12 cm - 3 cm = 9 cm

comment on side length ratios

you can figure the ratios of side lengths in a 30°-60°-90° triangle by considering the trig ratios of the angles. or you can figure the length of the altitude of an equilateral triangle of side length 2 using the pythagorean theorem.

answer; ///i believe that the correct answer is (a) it is the means by which a person earns money;