Question
Concert Hall sells season tickets for six events at a price of $92. In pricing the tickets, the planners assigned the leadoff event a value
Concert Hall sells season tickets for six events at a price of $92. In pricing the tickets, the planners assigned the leadoff event a value of $24 because the program was an expensive symphony orchestra. The last five events were priced equally; 1,290 season tickets were sold for the 2010 season. (a) Calculate the theater's earned revenue after the first three events have been presented. (Do not round intermediate calculations. Round your final answer to the nearest dollar amount. Omit the "$" sign in your response.) Ringemup, Inc., had net income of $471,500 for its fiscal year ended October 31, 2010. During the year the company had outstanding 36,200 shares of $4.80, $45 par value preferred stock, and 98,000 shares of common stock. Calculate the basic earnings per share of common stock for fiscal 2010. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
For several years Erben, Inc., has followed a policy of paying a cash dividend of $0.59 per share and having a 7% stock dividend. In the 2011 annual report, Erben reported restated earnings per share for 2009 of $1.23. |
(a) | Calculate the originally reported earnings per share for 2009. (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign in your response.) |
Earnings per share for 2009 | $ |
(b) | Calculate the restated cash dividend per share for 2009 reported in the 2011 annual report for comparative purposes. (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign in your response.) |
Dividend per share for 2011 | $ |
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