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Calculation of EPS and retained earning everdeen mining INC ended 2015 with a net profit before taxes of $ 436,000.the company is subject to a
Calculation of EPS and retained earning everdeen mining INC ended 2015 with a net profit before taxes of $ 436,000.the company is subject to a 40% tax rate and must pay $64,000in preferred stock dividends before distributing any earning on the 4170,000 shares of common stock currently outstanding
a- Calculate everdeen 2015 earnings per share EPS
b-if the firm paid common stock dividends of $ 0.80 per share how many dollars would go to retained earnings?
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