Question
operating income P900,000 interest expense 100,000 income before 40% income tax 800,000 net income 480,000 preferred stock dividends 200,000 net income available to common shareholders
operating income P900,000
interest expense 100,000
income before 40% income tax 800,000
net income 480,000
preferred stock dividends 200,000
net income available to common shareholders 280,000
common shares outstanding 120,000.
what is the times preferred dividend earned ratio?
what is the times interest earned ratio?
what is the basic earning per share?
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
