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Elite Trailer Parks has an operating profit of $241.000. Interest expense for the year was $35,800: preferred dividends pald were $34,100; and common dividends pald
Elite Trailer Parks has an operating profit of $241.000. Interest expense for the year was $35,800: preferred dividends pald were $34,100; and common dividends pald were $39.600. The tax was $61,400. The firm has 23.700 shares of common stock outstanding. a. Calculate the earnings per share and the common dividends per share for Elite Trailer Parks. (Round your answers to 2 decimal places.) Earnings per share Common dividends per share b. What was the Increase in retained earnings for the year? Increase in retained earnings F
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