Billy's Exterminators, Inc., has sales of $75,467, costs of $20,519, depreciation expense of $11,353, interest expense of $2,405, a tax rate of 33 percent and paid out $2,235 in cash dividends. The common stock outstanding is 46 thousand shares. What is the dividends per share?

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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Billy's Exterminators, Inc., has sales of $75,467, costs of $20,519, depreciation expense of
$11,353, interest expense of $2,405, a tax rate of 33 percent and paid out $2,235 in cash
dividends. The common stock outstanding is 46 thousand shares. What is the dividends per share?
Transcribed Image Text:Billy's Exterminators, Inc., has sales of $75,467, costs of $20,519, depreciation expense of $11,353, interest expense of $2,405, a tax rate of 33 percent and paid out $2,235 in cash dividends. The common stock outstanding is 46 thousand shares. What is the dividends per share?
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