Financial statement data for the years ended December 31 for Dovetail Corporation follows:2016 2015Net income $448,750 $376,000 Preferred dividends $40,000 $40,000 Average number of common shares outstanding 75,000 shares 60,000 sharesa. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places.2016 $ per share2015 $ per shareb. Does the change in the earnings per share from 2015 to 2016 indicate a favorable or an unfavorable trend?
Answers: 2
Other questions on the subject: Business
Business, 21.06.2019 20:30, bale4
Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. b. the federal reserve bank acts as an insurance company that pays customers if their bank fails. c. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. d. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. 2b2t
Answers: 2
Business, 21.06.2019 20:30, PerfectMagZ
Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.
Answers: 1
Business, 22.06.2019 08:30, Maelynne8515
In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (
Answers: 3
Do you know the correct answer?
Financial statement data for the years ended December 31 for Dovetail Corporation follows:2016 2015N...
Questions in other subjects:
Spanish, 02.12.2020 23:10
Spanish, 02.12.2020 23:10
