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The Alpha Company began the year with a retained earnings balance of 928,000 The EBIT of the firm is 425,000 The Net Income available to

The Alpha Company began the year with a retained earnings balance of 928,000
The EBIT of the firm is 425,000
The Net Income available to common stockholders is 377,000
It paid its preferred stockholders 47,000
The Ending Balance of Retained Earnings is 1,048,000
The firm had outstanding common shares of 140,000
The firm had outstanding preferred shares of 75,000

The annual common dividends per share (DSPS) is
a.

$1.55
b.

$1.20
c.

$3.43
d.

$1.84

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