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Find the Earnings Per Share (EPS) and Dividends Per Share (DPS) of 2019 begin{tabular}{|lrr|} hline & 2019 & 2018 cline { 2 - 3
Find the Earnings Per Share (EPS) and Dividends Per Share (DPS) of 2019
\begin{tabular}{|lrr|} \hline & 2019 & 2018 \\ \cline { 2 - 3 } Net sales & $5,000 & $4,800 \\ Costs of goods sold except depreciation & 3,900 & 3,710 \\ Depreciation and amortization a & 200 & 180 \\ Other operating expenses & 500 & 470 \\ Earnings before interest and taxes (EBIT) & $400 & $440 \\ Less interest & 60 & 40 \\ Pre-tax earnings & $340 & $400 \\ Taxes & 85 & 100 \\ Net Income before preferred dividends & $255 & $300 \\ Preferred dividends & 7 & 7 \\ Net Income available to common stockholders & $248 & $293 \\ & & \\ Additional Information & & \\ Common dividends & $60.0 & $59.4 \\ Addition to retained earnings & $188.0 & $233.6 \\ Number of common shares & 60 & 60 \\ Stock price per share & $31.00 & $45.00 \end{tabular}Step by Step Solution
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