Papa Roach Exterminators, Inc., has sales of $689,000, costs of $315,000, depreciation expense of $54,000, interest expense of $33,000, and a tax rate of 35 percent. The firm paid out $100,000 in cash dividends, and has 30,000 shares of common stock outstanding. (a)What is the earnings per share, or EPS, figure? (Click to select) (b)What is the dividends per share figure? (Click to select)
Papa Roach Exterminators, Inc., has sales of $689,000, costs of $315,000, depreciation expense of $54,000, interest expense of $33,000, and a tax rate of 35 percent. The firm paid out $100,000 in cash dividends, and has 30,000 shares of common stock outstanding. (a)What is the earnings per share, or EPS, figure? (Click to select) (b)What is the dividends per share figure? (Click to select)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Give typing answer with explanation and conclusion
![Papa Roach Exterminators, Inc., has sales of $689,000, costs of $315,000, depreciation
expense of $54,000, interest expense of $33,000, and a tax rate of 35 percent. The firm
paid out $100,000 in cash dividends, and has 30,000 shares of common stock
outstanding.
(a)What is the earnings per share, or EPS, figure?
(Click to select)
(b)What is the dividends per share figure?
(Click to select) ✓
*****](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fff9e5de4-33af-473d-a867-85ab779072c0%2F82eafe7d-5f34-4647-b455-0334f35f289e%2Ff6tlra_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Papa Roach Exterminators, Inc., has sales of $689,000, costs of $315,000, depreciation
expense of $54,000, interest expense of $33,000, and a tax rate of 35 percent. The firm
paid out $100,000 in cash dividends, and has 30,000 shares of common stock
outstanding.
(a)What is the earnings per share, or EPS, figure?
(Click to select)
(b)What is the dividends per share figure?
(Click to select) ✓
*****
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