Question: question 4 - eps LO 2 LO 2 3. Dividends and Retained Earnings Suppose the firm in Problem 2 paid out $68,000 in cash dividends.
LO 2 LO 2 3. Dividends and Retained Earnings Suppose the firm in Problem 2 paid out $68,000 in cash dividends. What is the addition to retained earnings? 4. Per-Share Earnings and Dividends Suppose the firm in Problem 3 had 35,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure? 5. Calculating Taxes Duela Dent is single and had $189,000 in taxable income. Using the rates from Table 2.3 in the chapter, calculate her income taxes. LO 3
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