Question
Griffins Goat Farm, Incorporated, has sales of $714,000, costs of $375,000, depreciation expense of $51,000, interest expense of $34,000, and a tax rate of 22
| Griffins Goat Farm, Incorporated, has sales of $714,000, costs of $375,000, depreciation expense of $51,000, interest expense of $34,000, and a tax rate of 22 percent. The firm paid out $102,000 in cash dividends, and has 35,000 shares of common stock outstanding. |
| a. | What is the earnings per share, or EPS, figure? |
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| b. | What is the dividends per share figure? |
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
