Answer:
62.50 or 0.625
Step-by-step explanation:
15!/(15-9)!= 32432400
i hate these so much hope it helps! :)
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
