A firm reported the following financials for 2021: Sales revenue = $3,060 Accounts receivables = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 COGS = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 The firm's EPS, rounded to the nearest cent for 2021 was a. $0.5335 b. $0.3024 c. $0.5125 d. $0.3204
A firm reported the following financials for 2021: Sales revenue = $3,060 Accounts receivables = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 COGS = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 The firm's EPS, rounded to the nearest cent for 2021 was a. $0.5335 b. $0.3024 c. $0.5125 d. $0.3204
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Question
A firm reported the following financials for 2021:
Sales revenue = $3,060
Accounts receivables = $500
Interest expense = $126
Total operating expenses = $600
Accounts payable = $240
COGS = $1,800
Dividend on
Tax rate = 40%
Number of common shares outstanding = 1,000
The firm's EPS, rounded to the nearest cent for 2021 was
a.
$0.5335
b.
$0.3024
c.
$0.5125
d.
$0.3204
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