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Need help 1-2 1. Castalia Co. has net income (500K), preferred dividends declared ($100K), and common shares outstanding (230K). What is the company's EPS, to
Need help 1-2 1. Castalia Co. has net income (500K), preferred dividends declared ($100K), and common shares outstanding (230K). What is the company's EPS, to the nearest penny? 2. Castalia Co. has the following: earnings before income tax ($675K), discontinued operations loss (\$100K), gain on disposal of discontinued net assets (\$150K), tax rate (30%), common shares outstanding (250K), and preferred dividends declared ( $50K). Both of the discontinued items are pre-tax. What is the amount of Tax Expense reported on the face of the income statement
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