subject
Business, 30.11.2020 18:10 annemcnair217

Elite Trailer Parks has an operating profit of $251,000. Interest expense for the year was $33,900; preferred dividends paid were $30,100; and common dividends paid were $44,700. The tax was $68,100. The firm has 25,700 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?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 04:30
Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year
Answers: 1
question
Business, 22.06.2019 05:00
You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 2
question
Business, 22.06.2019 05:30
From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?
Answers: 1
question
Business, 22.06.2019 06:40
As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget
Answers: 3
You know the right answer?
Elite Trailer Parks has an operating profit of $251,000. Interest expense for the year was $33,900;...
Questions
question
Mathematics, 19.03.2021 05:50
question
English, 19.03.2021 05:50
question
Mathematics, 19.03.2021 05:50
question
Mathematics, 19.03.2021 05:50
question
Geography, 19.03.2021 05:50
question
Mathematics, 19.03.2021 05:50
Questions on the website: 13722367