Question
Kelley Corp. has authorized 100,000 shares of $1 par common stock; 40,000 shares of $1 par common stock have been issued. Kelley holds 3,000 shares
Kelley Corp. has authorized 100,000 shares of $1 par common stock; 40,000 shares of $1 par common stock have been issued. Kelley holds 3,000 shares of treasury stock. This year, Kelley reports $821,000 of net income and pays a $300,000 dividend. Which of these is correct?
Dividends per share EPS
| A | $3.00; $8.21 |
| B | $8.11; $20.53 |
| C | $8.11; $22.19 |
| D | $7.50; $20.53 |
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Performance Audit Program Auditing Is A Systemic Process
Authors: Reina Mercedes Pérez Aguila, Yoandra González García
1st Edition
6205775697, 978-6205775691
