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Griffins Goat Farm, Inc. has sales of $676,000, costs of $338,000, depreciation expense of $82,000, interest expense of $51,000, a tax rate of 24 percent,

Griffins Goat Farm, Inc. has sales of $676,000, costs of $338,000, depreciation expense of $82,000, interest expense of $51,000, a tax rate of 24 percent, and paid out $42,000 in cash dividends. the firm has 29,000 shares of common stock outstanding.
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Problem 2-4 Per-Share Earnings and Dividends [LO1] Griffins Goat Farm, Inc., has sales of $676,000, costs of $338,000, depreciation expense of $82,000, interest expense of $51,000, a tax rate of 24 percent, and paid out $42.000 in cash dividends. The firm has 29,000 shares of common stock outstanding. a. What are the earnings per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) $ 5.37 a. Earnings per share b. Dividends per share

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