Calculation of eps and retained earning everdeen

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Calculation of EPS and retained earning everdeen mining INC ended 2015 with a net profit before taxes of $ 436,000. The company is subject to a 40% tax rate and must pay $64,000in preferred stock dividends before distributing any earning on the 4170,000 shares of common stock currently outstanding

a. Calculate everdeen 2015 earnings per share EPS

b. If the firm paid common stock dividends of $ 0.80 per share how many dollars would go to retained earnings?

Reference no: EM131660549

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