Elte Trailer Parks has an operating profit of $307,000 Interest expense for the year was $32.000,...

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Elte Trailer Parks has an operating profit of $307,000 Interest expense for the year was $32.000, preferred dividends paid were $31.600; and common dividends paid were $41,800. The tax was $65100. The firm has 21,400 shares of common stock outstanding a. Calculate the earnings per share and the common dividends per share for Elite Trailer Parks. (Round your answers to 2 decimal places.) Eamings per share Common dividends per share b. What was the increase in retained earnings for the year? Increase in retainod eamings Elte Trailer Parks has an operating profit of $307,000 Interest expense for the year was $32.000, preferred dividends paid were $31.600; and common dividends paid were $41,800. The tax was $65100. The firm has 21,400 shares of common stock outstanding a. Calculate the earnings per share and the common dividends per share for Elite Trailer Parks. (Round your answers to 2 decimal places.) Eamings per share Common dividends per share b. What was the increase in retained earnings for the year? Increase in retainod eamings

Answer rating: 100% (QA)

Operating Profit EBIT 307000 Less Interest expense 32000 Earnings before taxes EBT 275000 Le... View the full answer