Brain Corp., has sales of $586,000, costs of $247,000, depreciation expense of $43,000, interest expense of $32,000,

Question:

Brain Corp., has sales of $586,000, costs of $247,000, depreciation expense of $43,000, interest expense of $32,000, and a tax rate of 35 percent. The firm paid out $73,000 in cash dividends, and has 85,000 shares of common stock outstanding.

(a) What is the earnings per share, or EPS, figure?

(b) What is the dividends per share figure?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...