Mimi's Muffins. has earnings after taxes of $128,750. Interest expense for the year was $20,000; preferred dividends

Question:

Mimi's Muffins. has earnings after taxes of $128,750. Interest expense for the year was $20,000; preferred dividends paid were $18,750; and common dividends paid were $30,000. Taxes were $15,000. The firm has 100,000 shares of outstanding. Earnings per share on the was
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...