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#27 A company reports the following: Net income $324,560 Preferred dividends $24,040 Shares of common stock outstanding 44,000 Market price per share of common stock
#27
A company reports the following:
| Net income | $324,560 | |
| Preferred dividends | $24,040 | |
| Shares of common stock outstanding | 44,000 | |
| Market price per share of common stock | $19.81 |
Calculate the companys earnings per share on common stock. Round your answer to the nearest cent. $
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Auditing The Risk Management Process
Authors: K. H. Spencer Pickett
1st Edition
0471690538, 978-0471690535
