Answer:
$4.33 per share
Explanation:
Given that,
Net income = $1,171,600
Preferred stock dividends paid = $265,400
weighted average of common shares outstanding = 209,100
Therefore,
Earnings per share:
= (Net income - Preferred stock dividends paid) ÷ weighted average of common shares o/s
= ($1,171,600 - $265,400) ÷ 209,100
= $906,200 ÷ 209,100
= $4.33 per share
Hence, the Kingbird 2020 earnings per share is $4.33.
Answer:
a value exchange
Explanation: Hope this help:)
Based on how they carry out the effort and how well they perform the task at hand
Answer:
Present value of the security = $1,888.89
Explanation:
The annual dividend of $170 represents a perpetual income stream. The present value of a perpetuity is calculated as follows:
where r =interest rate per annum that would be compounded for each year
Therefore, present value of the security =
= $1,888.89
You would have to either make them pay another installment.