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What are earnings per share of common stock outstanding

Storico Cleaning, Inc., had additions to retained earnings for the year just ended of $380,000. The firm paid out $220,000 in cash dividends, and it has ending total equity of $5.5 million. If Storico currently has 400,000 shares of common stock outstanding, what are earnings per share?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What are earnings per share of common stock outstanding

Reference No:- TGS0670842

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What are earnings per share of common stock outstanding

Reference No:- TGS0670842

Recent Questions Asked Finance Basics

Q : Hospitalization insurance premiums

Q : Critical thinking and logic

Q : Calculate incremental after-tax free cash flow

Q : What are the ethical implications of this order

Q : What are earnings per share of common stock outstanding

Q : Marginal tax rate for a firm

Q : Determining the capital budgeting process

Q : Explain what it means for a firm to have current ratio

Q : Interest income from municipal bonds

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