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also solve for How much is the Earnings per share (EPS) for 2019? How much is the Dividends per share (DPS) for 2019? Intro Minnesota
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How much is the Earnings per share (EPS) for 2019?
How much is the Dividends per share (DPS) for 2019?
Intro Minnesota Manufacturing's balance sheet showed total equity of $3,000,000 and 700,000 shares of common stock outstanding on 12/31/2018. During 2019, the firm had $690,000 of net income, and it paid out $150,000 in dividends. Part 1 1B Attempt 1/3 for 10 pts. What was the book value per share on 12/31/2019, assuming no new common stock was issued during 2019? Hint: you need to first figure out the amount of total equity on 12/31/2019, and then calculate book value per share on 12/31/2019. Remember that Total equity = Paid-in capital + Retained earnings Therefore Total equity2019 = Total equity2018 + Addition to Paid-in capital + Addition to Retained earnings 1+ decimals SubmitStep by Step Solution
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