Sidewinder, Inc., has sales of $638,000, costs of $329,000, depreciation expense of $74,000, interest expense of $39,000, and a tax rate of 21 percent. The firm paid out $69,000 in cash dividends and has 35,200 shares of common stock outstanding. a. What is the earnings per share, or EPS, figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Earnings per share b. Dividends per share
Sidewinder, Inc., has sales of $638,000, costs of $329,000, depreciation expense of $74,000, interest expense of $39,000, and a tax rate of 21 percent. The firm paid out $69,000 in cash dividends and has 35,200 shares of common stock outstanding. a. What is the earnings per share, or EPS, figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Earnings per share b. Dividends per share
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Find the answers to A and B
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Sidewinder, Inc., has sales of $638,000, costs of $329,000, depreciation expense of
$74,000, interest expense of $39,000, and a tax rate of 21 percent. The firm paid
out $69,000 in cash dividends and has 35,200 shares of common stock outstanding.
a. What is the earnings per share, or EPS, figure? (Do not round intermediate
calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. What is the dividends per share figure? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
a. Earnings per share
b. Dividends per share
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