What is Keanu earnings per share of common stock

Assignment Help Accounting Basics

Reference no: EM131837501

Question: Keanu Inc. has net income of $200,000, average shares of common stock outstanding of 40,000, and preferred dividends for the period of $20,000. What is Keanu's earnings per share of common stock? Fred Tyme, the president of Keanu, believes that the computed EPS of the company is high. Comment.

Reference no: EM131837501

Questions Cloud

What is the formula for computing the payout ratio : At year-end, the price-earnings ratio of General Motors was 11.3, and the price-earnings ratio of Microsoft was 28.14. Which company did the stock market favor?

What annual interest rate must they earn to reach their goal : What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds?

Discussion about the given changes in a company : Holding all other factors constant, indicate whether each of the following changes generally signals good or bad news about a company.

What had been the compound interest rate : You invested $500 and received $650 after three years. What had been the compound interest rate?

What is Keanu earnings per share of common stock : Keanu Inc. has net income of $200,000, average shares of common stock outstanding of 40,000, and preferred dividends for the period of $20,000.

First withdrawal is at the end of your first retirement year : How much will you have to save each year over next 40 years to meet your goal? assume that your first withdrawal is at the end of your first retirement year.

Show the discontinued operations section of Flores statement : On June 30, Flores Corporation discontinued its operations in Mexico. On September 1, Flores disposed of the Mexico facility at a pretax loss of $640,000.

Determine its marginal cost of capital : The Nolan Corporation finds it is necessary to determine its marginal cost of capital. What is the initial weighted average cost of capital?

Find the future values of these ordinary annuities : Find the future values of these ordinary annuities. Compounding occurs once a year. Rework previous parts assuming that they are annuities due.

User Account

All Pages