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all information included. thank you! i Data Table $ 30,000 Preferred Stock-5%, $30 par value; 2,000 shares authorized, 1,000 shares issued and outstanding Common Stock-$5
all information included. thank you!
i Data Table $ 30,000 Preferred Stock-5%, $30 par value; 2,000 shares authorized, 1,000 shares issued and outstanding Common Stock-$5 par value; 85,000 shares authorized, 56,000 shares issued, 55,000 shares outstanding Paid-In Capital in Excess of Par-Common Treasury Stock--Common; 1,000 shares at cost 010 280,000 520,000 (20,000) Print Done Rock Corp. earned net income of $125.250 and paid the minimum dividend to preferred stockholders for 2018. Assume that there are no changes in common shares outstanding during 2018 Rock's books include the following figures (Click the icon to view the figures.) Read the requirements. Requirement 1. Compute Rock's EPS for the year. average, OS Select the formula then enter the amounts to calculate the company's earnings per share for 2018. (Abbreviations used: Ave, outstanding, SE = stockholders' equity, shrs = shares. Enter the earnings per share to the nearest cent.) = Earnings per share 1) Requirement 2. Assume Rock's market price of a share of common stock is $9 per share. Compute Rock's pricelearnings ratio Select the formula, then enter the amounts to calculate the company's pricelearnings ratio for 2018. (Abbreviations used. Ave, average, OS outstanding. SE stockholders' equity, shrs = shares. Enter the ratio to two decimal places.) Price/earnings ratio Step by Step Solution
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