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PART 5 Our company had net income this year of $200,000. We began the fiscal year with 500,000 of common shares outstanding We have 100,000
PART 5 Our company had net income this year of $200,000. We began the fiscal year with 500,000 of common shares outstanding We have 100,000 shares of preferred 6% stock outstanding, $10 par. This stock is non-cumulative, not convertible, and the dividend was n this year. What is the normal dividend for preferred stock (the dividend preferr stock must receive in a given year before common stock can receive a dividend that year)? Give the TOTAL dividend, not the dividend per sh What is the numerator for calculating the basic earnings per share? What is the denominator for calculating the basic earnings per share? What is the basic earnings per share
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