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Following is the Jan. 1 stockholders' equity section of the balance sheet of the Harley Company. Use this to answer the next question (set of
Following is the Jan. 1 stockholders' equity section of the balance sheet of the Harley Company. Use this to answer the next question (set of 3): On January 1. Harley reported a market price on common shares of $28.50 per share; that rose to $33.20 on June 1 and dropped to $30.50 on December 31. On June 1. Harley Company declared and distributed a 10% stock dividend. On December 1. they purchased 500 shares of treasury stock at a cost of $15,000. Net income for the year was $602, 600. On December 31. they declared and paid $132,000 in dividends. The amount of earnings per share and the number of dividends per share would be: EPS Dividends per share $18.26; $4.00 $20.09; $4.40 $18.54; $4.06 $20.43; $4.47 $17.89; $3.94
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