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Using the data below, how do I calculate the retained earnings balance as of December 31,2007 Retained earning dec 31 2008 - $245,200 Net decrease in total assets during '08 - $37,400 Net increase in accounts receivable in '08 - $8,600 Dividends declared and paid in '08 - $33,600 Proceeds...
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Net income = $182 ... Year1... Year2 Preferred stock, $5 par, 15%... $120... $120 Common stock, $10 par... $220... $220 Additional paid-in capital-common stock... $110... $110 Retained earnings... $1050... $940 Ttl stockholders' equity... $1500... $1390
Calculate earnings per share
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Quark company earned $90,000 in income and paid cash dividends of $10,000 to preferred shareholders during the current year. Quark had 12,500 weighted-average shares of common stock outstanding for the year. Calculate the company's earnings per share. View more questions Search
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