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[THREAD DELETED]Calculation of EPS and Retained Earnings
Asked Jan 23, 2008, 05:30 AM
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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 oustanding. Thanks |
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