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-   -   Calculation of EPS and Retained Earnings (https://www.askmehelpdesk.com/showthread.php?t=175646)

  • Jan 23, 2008, 06:30 AM
    jflm2007
    Calculation of EPS and Retained Earnings
    This is the question: If a firm paid common stock dividends of $.80 per share, how many dollars would go to retained earnings?

    What is the formula to calculate this?

    What I do know.

    PAT $218,000
    40% tax rate
    Preferred stock $32,000
    85,000 shares of common stock outstanding.

    Thanks

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