Rileycorp has earnings after taxes of 210000 interest


RileyCorp. has earnings after taxes of $210,000. Interest expense for the year was $40,000; preferred dividends paid were $45,000; and common dividends paid were $30,000. Taxes were $22,700. The firm has 100,000 shares of common stock outstanding. Earnings per share on the common stock was?

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Financial Management: Rileycorp has earnings after taxes of 210000 interest
Reference No:- TGS01088507

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