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Brandon Fast Foods Inc. has operating profit of $260,000. The company has 16.000 common shares outstanding and paid corporate taxes of $53,800. Interest expense for
Brandon Fast Foods Inc. has operating profit of $260,000. The company has 16.000 common shares outstanding and paid corporate taxes of $53,800. Interest expense for the year was $36,000, preferred dividends pald were 534 500, and common dividend paid were $31.000. a. Compute EPS and common dividends per share. (Round the final answers to 2 decimal places.) Earnings per share Common dividends per share 5 $ b. Calculate the increase in retained earnings for the year
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