Question
My homework question is#4 but I didn't know if I needed to include problem 3 since it references it. How do I find the addition
Myhomework question is#4but I didn't know if I needed to include problem 3 since it references it. How do I find the addition to retained earnings, the earnings per share, and the dividends per share?
3.Dividends and Retained Earnings [LO1] Suppose the firm in Problem 2 paid out $95,000 in cash dividends. What is the addition to retained earnings?
4.Per-Share Earnings and Dividends [LO1] Suppose the firm in Problem 3 had 90,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure?
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