Answer:
3.9
Step-by-step explanation:
The retained earnings for the year is $205,000
The firm paid out $185,000 in cash dividend
It has total equity of$4.90 million
100,000 common shares are outstanding
Therefore the earnings per share van be calculated as follows
= 205,000+185,000/100,000
= 390,000/100,000
= 3.9
Hence the earnings per share is $3.9
Answer:
His work is correct, easiest question in the world!LOL
Step-by-step explanation:
1+1= 2
With what the picture of the paper????
