+1-415-670-9189
info@expertsmind.com
What was the earnings per share
Course:- Accounting Basics
Reference No.:- EM13154374




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Accounting Basics

Carter Corporation had net income of $250,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2008. Carter Corporation's common stockholders' equity at the beginning and end of 2008 was $870,000 and $1,130,000, respectively. There are 100,000 weighted-average shares of common stock outstanding.

Carter Corporation's return on common stockholders' equity was?

a. 25%

b. 23%

c. 20%

d. 18%

What was the earnings per share?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
What evidence would help you evaluate whether or not a company does adequate cash planning? Is there any information not available in the company's annual report that would
Identify the impact on operating cash flows (increase or decrease) for changes in inventory levels (increase or decrease) for both companies for each of the three most recen
The spot exchange rate is $1.50 = €1.00. The cost of capital to the Irish firm for a domestic project of this risk is 8%. The U.S. risk-free rate is 3%; the Irish risk-free
Which of the following is not a condition that would permit a public college or private college or university to avoid accounting recognition of the value of its collections
If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interes
Using the information given, calculate any change in net working capital that is expected to result from the proposed replacement action. Explain why a change in these current
When making any type of business decision, one of the most difficult things to do is distinguish between relevant business .information to that decision and unimportant inform
Shetland Inc. had pretax financial income of $154,000 in 2012. Included in the computation of that amount is insurance expense of $4,000 which is not deductible for tax purp