The Abel Company provided the following information from its financial records: Net income$250,000 Common shares outstanding 1/1 200,000 Common stock dividends$20,000 Common shares outstanding 12/31 300,000 Preferred stock dividends$25,000 Preferred shares outstanding 1/1 10,000 Sales$1,000,000 Preferred shares outstanding 12/31 6,000 ?What is the amount of the company's earnings per share?
A. $1.00
B. $0.90
C. $0.75
D. $0.82
Answer: B
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The ________ creativity technique begins in a thought that is written down, then proceeds to develop other thoughts that are linked to the first thought, and finally materializes a new idea by associating all the thoughts
A) mind mapping B) contextual analysis C) attribute listing D) reverse assumption analysis E) morphological analysis
The key to perceived-value pricing is to ________
A) reengineer the company's operations B) deliver more unique value than competitors C) adopt subtle marketing tactics compared to competitors D) deliver more value but at a lower cost E) invest heavily in advertising in order to convey superior value
Assume that Krause Co sold 8,000 units of Product A and 2,000 units of Product B during the past year. The unit contribution margins for Products A and B are $20 and $45 respectively. Krause has fixed costs of $350,000. The break-even point in units is:
A) 14,000 units B) 25,278 units C) 8,000 units D) 10,769 units
A company can advertise a product as new and improved for only one year after it hits store shelves.
Answer the following statement true (T) or false (F)