The following data is available for Xandua Company:
$\begin{array}{ll}
\text { Net income } & \$ 210,00 \
\text { Cash dividends on preferred stock } & 14,000 \
\text { Cash dividends on common stock } & 36,000 \
\text { Weighted average number of common shares outstanding } & 100,000 \
\text { Market price per share of common stock } 12 / 31 / 2 \times 10 & \$ 25.00
\end{array}$ Calculate the following ratios:
1.a)Basic earnings per share-common
$\text { b) Dividend yield }$ 2.Why are earnings per share important to investors?

Question

The following data is available for Xandua Company:
 $\begin{array}{ll}
\text { Net income } & \$ 210,00 \
\text { Cash dividends on preferred stock } & 14,000 \
\text { Cash dividends on common stock } & 36,000 \
\text { Weighted average number of common shares outstanding } & 100,000 \
\text { Market price per share of common stock } 12 / 31 / 2 \times 10 & \$ 25.00
\end{array}$ Calculate the following ratios:
1.a)Basic earnings per share-common
 $\text { b) Dividend yield }$ 2.Why are earnings per share important to investors?

Quizplus · Accepted Answer

The Answer of The following data is available for Xandua Company:
 $\begin{array}{ll}
\text { Net income } & \$ 210,00 \
\text { Cash dividends on preferred stock } & 14,000 \
\text { Cash dividends on common stock } & 36,000 \
\text { Weighted average number of common shares outstanding } & 100,000 \
\text { Market price per share of common stock } 12 / 31 / 2 \times 10 & \$ 25.00
\end{array}$ Calculate the following ratios:
1.a)Basic earnings per share-common
 $\text { b) Dividend yield }$ 2.Why are earnings per share important to investors?

The Following Data Is Available for Xandua Company Calculate the Following Ratios: 1

The Following Data Is Available for Xandua Company Calculate the Following Ratios:
1