Business, 10.08.2021 01:30 vlactawhalm29
Q: Calculate of EPS and retained earnings .Philagem ,Inc , ended 2003 with net profit before taxes of $218,000. The company is subject to a 40% tax rate and must pay $32,000 in preffered stock dividents before distributing any earnings on the 85,000 shares of common stock currently outstanding.
Calculate Philagem’s 2003 earnings per share (EPs)
If the the firm paid common stock dividents of $0.80 per share, how many dollars would go to retained earnings?
Answers: 1
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Q: Calculate of EPS and retained earnings .Philagem ,Inc , ended 2003 with net profit before taxes o...
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