Question
I'll rate please help me to solve it ( one question two part ) thanks * EPS Junkyard Arts, Inc., had earnings of $621,700 for
I'll rate please help me to solve it ( one question two part ) thanks
* EPS
Junkyard Arts, Inc., had earnings of $621,700 for the year. The company had 52,000 shares of common stock outstanding during the year and issued 1,900 shares of $50 par value preferred stock. The preferred stock has a dividend of $7 per share. There were no transactions in either common or preferred stock during the year.
Determine the basic earnings per share for Junkyard Arts for the year. Round answer to two decimal places. $per share
* Dividends Per Share
Lightfoot Inc., a software development firm, has stock outstanding as follows: 15,000 shares of cumulative preferred 2% stock, $25 par, and 19,000 shares of $50 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $2,850; second year, $4,800; third year, $29,670; fourth year, $57,850.
Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".
1st Year | 2nd Year | 3rd Year | 4th Year | |
Preferred stock (dividend per share) | $ | $ | $ | $ |
Common stock (dividend per share) | $ | $ | $ | $ |
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