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HACTEHA [7]
3 years ago
6

For 2012 Fielder Corporation reported net income of $30,000; net sales $400,000; and average share outstanding 12,000. There wer

e no preferred stock dividends. What was the 2012 earnings per share?
Business
1 answer:
jonny [76]3 years ago
5 0

Answer:

$2.50

Explanation:

The Earnings Per Share of a company is determined by using the formula:

EPS= (Net Income of the Company - Dividend to Preferred Shareholders) ÷ Average Outstanding Shares of the Company

Since there is no dividend to preferred shareholders

EPS= Net Income of the Company - ÷ Average Outstanding Shares of the Company

=30000 ÷ 12000

=$2.50

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katrin2010 [14]

Answer:

The statement is: True.

Explanation:

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3 years ago
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damaskus [11]

Answer:

Values Statement.

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3 0
3 years ago
Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond
ivann1987 [24]

Answer:

Explanation:

The journal entry is shown below:

On September 30

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