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Brandon Fast Foods Inc has operating profit of $210,000 The company has 23.000 common shares outstanding and paid corporate taxes of $51200 Interest expense for
Brandon Fast Foods Inc has operating profit of $210,000 The company has 23.000 common shares outstanding and paid corporate taxes of $51200 Interest expense for the year was $43,000, preferred dividends paid were $28,000, and common dividends paid were $22,000 a. Compute EPS and common dividends per share (Round the final answers to 2 decimal places.) Earnings per share Common dividends per share $ 1 b. Calculate the increase in retained earnings for the year Increase in retained earnings
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