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Balance Sheet 2020 Assets 2019 212,000 182,000 Rev COGS Liabilities 45,000 45,000 EBIT Interest Common Stock (par=$4) APIC 20,000 20,000 EBT Taxes Treasury Stock
Balance Sheet 2020 Assets 2019 212,000 182,000 Rev COGS Liabilities 45,000 45,000 EBIT Interest Common Stock (par=$4) APIC 20,000 20,000 EBT Taxes Treasury Stock Income Statement 45,000 45,000 12,000 12,000 Net Income 2020 $ 100,000 (40,000) $ 60,000 (10,000) $ 50,000 (10,000) $ 40,000 Retained Earnings Shareholders' Equity 90,000 167,000 60,000 137,000 Assume all treasury stock was repurchased at $12/share. Calculate the per share dividend for 2020:
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
