What was the earnings per share on the common stock


Farah Snack Co. has earnings after taxes of $150,000. Interest expense for the year was $20,000; preferred dividends paid were $20,000; and common dividends paid were $30,000. Taxes were $22,500. The firm has 100,000 shares of common stock outstanding.what was the Earnings per share on the common stock ?

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Accounting Basics: What was the earnings per share on the common stock
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