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23. Krooked Corp reports the following: Net Income Preferred Dividends $185,000 $45,000 Market price per share common stock 30 35,000 Shares of common stock outstanding
23. Krooked Corp reports the following: Net Income Preferred Dividends $185,000 $45,000 Market price per share common stock 30 35,000 Shares of common stock outstanding Determine the company's earnings per share on common stock a. 1 b. 2 C. 3 d. 4 24. Using the information in question 23, rounded to 1 decimal place, what is the company's price-earnings ratio? a. 5.2 b. 3.4 C. 7.5 d. 6.0
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