Question
Griffins Goat Farm, Incorporated, has sales of $724,000, costs of $355,000, depreciation expense of $48,000, interest expense of $32,000, and a tax rate of 24
| Griffins Goat Farm, Incorporated, has sales of $724,000, costs of $355,000, depreciation expense of $48,000, interest expense of $32,000, and a tax rate of 24 percent. The firm paid out $105,000 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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Accounting A Smart Approach
Authors: Mary Carey, Cathy Knowles
4th Edition
0198844808, 9780198844808
