Question: Problem 2-4 Per-Share Earnings and Dividends [LO 2] Sidewinder, Inc., has sales of $714,000, costs of $348,000, depreciation expense of $93,000, interest expense of $58,000,

Problem 2-4 Per-Share Earnings and Dividends [LO 2] Sidewinder, Inc., has sales of $714,000, costs of $348,000, depreciation expense of $93,000, interest expense of $58,000, and a tax rate of 25 percent. The firm paid out $88,000 in cash dividends and has 39,000 shares of common stock outstanding. a. What is the earnings per share, or EPS, figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., Earnings per share b. Dividends per share

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!

[The following information applies to the questions displayed below.] Taylor's is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and...

Problem 2-4 Per-Share Earnings and Dividends [LO 2] Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a tax rate of 21...

need numbers with example .FINC211 Problem 2-4 Per-Share Earnings and Dividends (LO 2] Pharrell , Inc., has sales of $588,000, costs of $270,000, depreciation expense of $69.500, Interest expense of...

Problem 2-4 Per-Share Earnings and Dividends [LO 2] Pharrell, Inc., has sales of $597,000, costs of $261,000, depreciation expense of $65,000, interest expense of $32,000, and a tax rate of 35...

Assignment 0 Saved Problem 2-4 Per-Share Earnings and Dividends [LO1] Griffins Goat Farm, Inc., has sales of $679,000, costs of $341,000, depreciation expense of $85,000, interest expense of $52,500,...

Problem 2-4 Per-Share Earnings and Dividends (LO1] Griffins Goat Farm, Inc., has sales of $673.000, costs of $335,000, depreciation expense of $79,000, Interest expense of $49,500, a tax rate of 21...

Saved Homework i Problem 2-4 Per-Share Earnings and Dividends [LO1] Griffins Goat Farm, Inc., has sales of $665,000, costs of $327,000, depreciation expense of $71,000, Interest expense of $45,500, a...

Assignment Saved Problem 2-4 Per-Share Earnings and Dividends (LO1] Griffins Goat Farm, Inc., has sales of $677,000, costs of $339,000, depreciation expense of $83.000, interest expense of $51,500, a...

i need full answre for 8 question plz QUESTIONS AND PROBLEMS 1. Building a Balance Sheet Lou Wims, Inc. has current assets of $4.900 fixed assets of $27,300, current liabilities of 54.100, and...

S AND PROBLEMS 1. Building a Balance Sheet [LO1] Wims, Inc., has current assets of $4,900, net fixed assets of $27,300, current liabilities of $4,100, and long-term debt of $10,200. What is the value...

Problem 2-3 Dividends and Retained Earnings [LO 2] Sidewinder, Inc., has sales of $678,000, costs of $339,000, depreciation expense of $84,000, interest expense of $49,000, and a tax rate of 21...

Calculate (a) V1, (b) V2, (c) R, (d) current in the 3 resistor, (e) current through V1, and (f) current through V2. 2.00 A R V, 4.00 N: 23.00 N 6.00 N 3.00 A 15.00 A

Vernon Manufacturing Company set its standard variable manufacturing cost at $28 per unit of product. The company planned to make and sell 4,400 units of product during Year 3. More specifically, the...

What is the difference between the actual closing price of the Nasdaq and the 5 - day simple moving forecast for Monday 3 / 9 / 2 0 2 0 ? 8 4 3 No Difference 8 7 9 3 . 7 $ 7 9 5 0

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...