1)

Griffins Goat Farm, Inc., has sales of $679,000, costs of $325,000, depreciation expense of $53,000, interest expense of $32,000, and a tax rate of 22 percent. The firm paid out $112,000 in cash dividends, and has 35,000 shares of common stock outstanding.

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

b.	What is the dividends per share figure?

2) Griffin's Goat Farm, Inc., has sales of $724,000, costs of $295,000, depreciation expense of $53,000, interest expense of $32,000, and a tax rate of 23 percent. What is the net income for this firm?