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Category > Accounting Posted 15 May 2017 My Price 5.00

Esther Corporation reported net income of $600,000.

In 2012, Esther Corporation reported net income of $600,000. It declared and paid preferred stock dividends of $150,000 and common stock dividends of $60,000. During 2012, Esther had a weighted average of 200,000 common shares outstanding. Compute Esther's 2012 earnings per share. Answer $2.25 $3.75 $3.00 $1.95

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Alpha Geek
(8)
Status NEW Posted 15 May 2017 05:05 PM My Price 5.00

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Attachments

file 1494869236-380543_1_636301459679306783_Earnings-per-share.xlsx preview (84 words )
38-----------054-----------3&a-----------mp;-----------amp-----------;in-----------foI-----------d=4-----------789-----------55E-----------arn-----------ing-----------s p-----------er -----------sha-----------reI-----------n 2-----------012-----------, E-----------sth-----------er -----------Cor-----------por-----------ati-----------on -----------rep-----------ort-----------ed -----------net----------- in-----------com-----------e o-----------f $-----------600-----------,00-----------0. -----------It -----------dec-----------lar-----------ed -----------and----------- pa-----------id -----------pre-----------fer-----------red----------- st-----------ock----------- di-----------vid-----------end-----------s o-----------f $-----------150-----------,00-----------0 a-----------nd -----------com-----------mon----------- st-----------ock----------- di-----------vid-----------end-----------s o-----------f $-----------60,-----------000-----------. D-----------uri-----------ng -----------201-----------2, -----------Est-----------her----------- ha-----------d a----------- we-----------igh-----------ted----------- av-----------era-----------ge -----------of -----------200-----------,00-----------0 c-----------omm-----------on -----------sha-----------res----------- ou-----------tst-----------and-----------ing-----------. C-----------omp-----------ute----------- Es-----------the-----------r's----------- 20-----------12 -----------ear-----------nin-----------gs -----------per----------- sh-----------are-----------. A-----------nsw-----------er -----------$2.-----------25 -----------$3.-----------75 -----------$3.-----------00 -----------$1.-----------95C-----------orr-----------ect----------- An-----------swe-----------r i-----------s $-----------2.2-----------5Ex-----------pla-----------nat-----------ion-----------Est-----------her----------- Co-----------rpo-----------rat-----------ion-----------Num-----------ber-----------s$R-----------epo-----------rte-----------d I-----------nco-----------me
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