Question
Quantum Technology had $664,000 of retained earnings on December 31, 20X2. The company paid common dividends of $31,300 in 20X2 and had retained earnings of
Quantum Technology had $664,000 of retained earnings on December 31, 20X2. The company paid common dividends of $31,300 in 20X2 and had retained earnings of $588,000 on December 31, 20X1.
a.How much did Quantum Technology earn during 20X2?
b.What would earnings per share be if 44,900 shares of common stock were outstanding?(Round your answer to 2 decimal places.)
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Elements of Electromagnetics
Authors: Matthew
3rd Edition
019513477X, 978-0195134773
