15. Financial Statement Analysis
Ratios: Earnings Per Share (EPS)
15. Financial Statement Analysis
Ratios: Earnings Per Share (EPS)
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MoneyCo had sales revenue and net income during the current year of \$500,000 and \$60,000, respectively. The total amount of stockholders' equity was \$600,000, and common shares outstanding were 120,000 all year. What is MoneyCo's earnings per share?
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Tougher Company's current year income statement showed an EPS of \$1.25 per share. If total common equity totaled \$600,000 (40,000 common shares) and preferred dividends were \$10,000 (10,000 preferred shares), what was net income during the period?
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