Suppose the firm in Problem 3 had 30,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure?

Data from Problem 3

Suppose the firm in Problem 2 paid out $65,000 in cash dividends. What is the addition to retained earnings?

Data from Problem 2

Papa Roach Exterminators, Inc., has sales of $432,000, costs of $210,000, depreciation expense of $25,000, interest expense of $8,000, and a tax rate of 35 percent. What is the net income for this firm?