Suppose the firm in Problem 3 had 35,000 shares of common stock outstanding. What is the earnings

Question:

Suppose the firm in Problem 3 had 35,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...