Mrila corp had net income of P232,000. The weighted average common shares outstanding were 80,000. The company declared a P29,000 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is: A company has 41,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is P483,800, and the par value per common share is P10. The book value per share is:

Mrila corp had net income of P232,000. The weighted average common shares outstanding were 80,000. The company declared a P29,000 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is: A company has 41,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is P483,800, and the par value per common share is P10. The book value per share is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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