Cainas Cookies had the following information reported for 2015:
Revenues $100,000
Expenses $40,000
Preferred Dividends $10,000
Common Dividends $20,000
Preferred shares outstanding - 10,000 shares, $100 par value
Common shares outstanding - 50,000 shares, $1 par value EPS is:
A. $1.20 per share
B. $1.00 per share
C. $.60 per share
D. $.50 per share
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Cainas Cookies had the following information reported for 2015: Revenues $100,000 Expenses $40,000 Preferred Dividends $10,000 Common ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is the difference between a debit card and a credit card?
Answers (1)
Chad is thinking about how to increase the amount of his purchase total in order to classify for a higher discount. He is probably taking advantage of what kind of sales promotion?
Answers (1)
The purchasing agent of an organization acquired some raw materials at a bargain price, even though she knew that their quality was lower than that of the materials customarily used.
Answers (2)
Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm paid out $194,000 in cash dividends, and it has ending total equity of $4.99 million. The company currently has 130,000 shares of common stock outstanding.
Answers (1)
Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $400 million on July 1, 2016, at a price of $380 million. For bonds of similar risk and maturity, the market yield is 10%.
Answers (1)
New Questions in Business
Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $ 39 comma 000 to purchase equipment. The equipment will have a residual value at the end of its life of $ 2 comma 000.
Answers (1)
The following tasks lie on the critical path of a project: Task Mean Completion Time St. Dev A 4 0.6 B 5 0.2 E 2 0.1 F 6 1 H 2 0.2 M 6 0.1 The above task gives the mean completion time of each task (in days) and the standard deviation. 1.
Answers (1)
Do you have to have a bachelors degree to be a travel clerk
Answers (1)
The preferred stock of General Motors pays an annual dividend of $1.6 forever. The appropriate discount rate is 7% per year. Attempt 1/3 for 10 pts. Part 1 What is the present value of all dividends
Answers (1)
Which of the following are not directly involved in the revenue cycle? A. Sales manager and the credit manager. B. Chief financial officer and controller. C. Billing clerk. D. Receiving department clerk.
Answers (1)