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The following information is available for Wendy's: 2006 2005 Common stockholders' equity $1,100,000 $900,000 Dividends paid to common stockholders $62,500 $57,600 Dividends paid to preferred
The following information is available for Wendy's:
2006 2005
Common stockholders' equity $1,100,000 $900,000
Dividends paid to common stockholders $62,500 $57,600
Dividends paid to preferred stockholders $25,000 $20,000
Net income $250,000 $240,000
Common shares outstanding 100,000 100,000
Calculate EPS for 2006.
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