The abel company provided the following information from its financial records: net income $ 250,000 common shares outstanding 1/1 200,000 common stock dividends $ 20,000 common shares outstanding 12/31 300,000 preferred stock dividends $ 25,000 preferred shares outstanding 1/1 10,000 sales $ 1,000,000 preferred shares outstanding 12/31 6,000 what is the amount of the company's earnings per share?

The amount of the company's earnings per share is $0.90 per share.

Explanation:

The formula to compute earning per share is shown below:

= (Net income - preferred stock dividend) ÷ Average number of common shares outstanding

where,

average number of common shares outstanding is equals to

= (Opening balance + ending balance) ÷ 2

= (200,000 + 300,000) ÷ 2 = 250,000  shares

Now, put the values in the above formula which is equals to

= ($250,000 - $25,000) ÷ 250,000 shares

= $0.90 per share

Hence, the amount of the company's earnings per share is $0.90 per share.

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi