HEB Corporation had net income for 2024 of $60,450. HEB had 15,500 shares of common stock outstanding
Question:
HEB Corporation had net income for 2024 of $60,450. HEB had 15,500 shares of common stock outstanding at the beginning of the year and 20,100 shares of common stock outstanding as of December 31, 2024. During the year, HEB declared and paid preferred dividends of $2,600. Compute HEB’s earnings per share.
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Earnings per Share EPS is calculated as Net Income Dividends on Preferred St...View the full answer
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ISBN: 9781292412337
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Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura
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