Question: ( Computing earnings per share ) If ABC Company earned $180,000 in net income and paid cash dividends of $65,000, what are ABC's earnings per

(Computing earnings per share) If ABC Company earned $180,000 in net income and paid cash dividends of $65,000, what are ABC's earnings per share if it has 55,000 shares outstanding?

The earnings per share of ABC Company is $ . (Round to the nearest cent.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!