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Mars2501 [29]
3 years ago
12

Raguel Corporation reported net income of $101,000 during the current calendar year. As of January 1, the company had 200,000 sh

ares of common stock outstanding and 1,000 shares of 10% preferred stock with a par value of $10 per share. The preferred stock is nonconvertible and cumulative. The board of directors did not declare the preferred dividend of $1,000 for the current year. What is the company’s basic EPS?
Business
1 answer:
Mrac [35]3 years ago
6 0

Answer:,$0.5

Explanation:

Basic Eps =Net income- preference dividend/outstanding shares

$101,000-$1000/200,000

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3 years ago
If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency
FromTheMoon [43]

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The computation is shown below:

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