Answer:
<em>Earnings per share (EPS) =</em> $4.70 per share
<em>Dividend per share (DPS)= </em>$1.82 per share
Explanation:
Elite Trailer Parks
Income statement
$
Operating Profit 225,000.00
less interest expense <u> (35,200.00)</u>
Profit before Tax 189,800.00
Less Tax <u>64,600.00)</u>
Profit after tax 125,200.00
Preferred dividends (<u>30,700.00)</u>
<em>Earnings to common stock </em> <u> 94,500.00</u>
Dividend to Common stock 36,600.00
<em>Earnings per share (EPS)</em>
<em>Earnings per share (EPS) = Earnings available to ordinary shareholders /unit of shares</em>
=$94,500.00/20,100 units
= $4.70 per share
<em>Dividend per share (DPS)</em>
=<em> Total dividend to common stock/ units of shares</em>
=36,600.00/ 20,100 units
=$1.82 per share
<em>Earnings per share(EPS) =</em> $4.70 per share
<em>Dividend per share (DPS)= </em>$1.82 per share
