Saturday
April 18, 2015

Homework Help: Accounting

Posted by Mike on Sunday, June 9, 2013 at 2:06pm.

Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels’ earnings per share for 2011 is

A.$4.00

B.$5.25

C.$6.50

D.$5.00

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting - Samuels, Inc. reported net income for 2011 is $105,000. During ...
accounting - When Collum Corporation was organized in January 2011, it ...
accounting - Pearson began 20XX with 30,000 $1 common shares issued and ...
Accounting - EPS Malen Arts, Inc., had earnings of $133,750 for 2012. The ...
financial accounting - (5) Chapter 13 Problem The Torre Company has the ...
accounting - Jones Company is authorized to issue 20,000 shares of no-par, $5 ...
accounting - Finishing Touches has two classes of stock authorized: 8%, $10 par ...
Accounting - A company had stock outstanding as follows during each of its first...
Accounting - At december 31, 2013 and 2014, lapham corp. Had 200,000 shares of ...
Accounting - Olympic Theatre Inc. owns and operates movie theaters throughout ...

Members