Question

Bach Corp. had additions to retained earnings for the year just ended of $230,000. The firm paid out $125,000 in cash dividends, and it has ending total equity of $5.3 million. If the company currently has 175,000 shares of common stock outstanding, what are earnings per share?

Answer 1

Answer:

Makers Corp. had additions to retained earnings for the year just ended of $194,000. The firm paid out $184,000 in cash dividends, and it has ending total equity of $4.89 million. The company currently has 120,000 shares of common stock outstanding.