Candy Corporation had pretax profits of $1.2 million, an average tax rate of 34 percent, and it paid preferred stock dividends of $50,000. There were 100,000 shares outstanding and no interest expense
What was Candy Corporation's earnings per share?
A) $3.91
B) $4.52
C) $7.42
D) $7.59
C
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An adjusting entry made to record accrued interest on a note payable due next year consists of
a. Interest Expense – Debit; Cash – Credit. b. Interest Receivable – Debit; Interest Income – Credit. c. Interest Expense – Debit; Notes Payable – Credit. d. Interest Expense – Debit; Interest Payable – Credit.
You have just received your cell phone bill, and realized that you have been charged this month and for several previous months for a calling feature you did not authorize. You called the cell phone provider but were told that only the charge for this month can be credited. You are planning to write a letter to get your bill adjusted. What tone should your letter have? Why?
Under which of the following do planning tasks associated with job assignments, ordering, job scheduling, and dispatching typically fall?
A) short-range plans B) intermediate-range plans C) long-range plans D) mission-related planning E) strategic planning
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