The income statement for the Bramble Discount Retail Company for the year ended December $312025$ appears below. Sales revenue $$619,000$ Cost of goods sold $360,420$ Gross profit $258,580$ Expenses $166,230$ Net income $$92,350$ Includes $$18,000$ of interest expense and $$12\mathrm{.}050$ of income tax expense. Additional information: $1$ Common stock outstanding on January $1,2025,$ was $50,000$ shares. On July $1,202510,000$ more shares were issued. $2$ The market price of the company's stock was $$22$ at the end of $20253.$ Cash dividends of $$26,600$ were paid, $$3,800$ of which were paid to preferred stockholders. 

Calculate the earnings per share (EPS) ratio for the year 2025 based on the provided income statement and additional information about common stock outstanding, stock issuance, market price of stock, and dividends paid.

$\mathrm{}\mathrm{}\mathrm{}\mathrm{}$$$ 

Answer rating: 100% (QA)

To calculate the earnings per share EPS ratio for Bramble Discount Retail Company ... View the full answer