The income statement for Bramble Inc. shows income before income taxes $1736000, income tax expenses $831000, and net income $905000. If Bramble declared $364000 of cash dividends on preferred stock and has 270000 shares of common stock outstanding throughout the year, earnings per share is: Select answer from the options below $3.35 $2.00 $6.43 $1.10
The income statement for Bramble Inc. shows income before income taxes $1736000, income tax expenses $831000, and net income $905000. If Bramble declared $364000 of cash dividends on preferred stock and has 270000 shares of common stock outstanding throughout the year, earnings per share is: Select answer from the options below $3.35 $2.00 $6.43 $1.10
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The income statement for Bramble Inc. shows income before income taxes $1736000, income tax expenses $831000, and net income $905000. If Bramble declared $364000 of cash dividends on preferred stock and has 270000 shares of common stock outstanding throughout the year, earnings per share is:
Select answer from the options below
$3.35
$2.00
$6.43
$1.10
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