Corporation b reported earnings per share of $10. corporation b has 100,000 shares of common stock outstanding and reported an increase in owners' equity of $400,000 for the period. corporation b paid $50,000 in interest expense during the period. corporation b paid dividends per share of

$6 per share

Explanation:

Interest expense does not impact owner's equity, as is paid before tax and is not part of net earnings for equity.

Further provided earnings per share = $10

Therefore, total earnings for equity = $10 100,000 = $1,000,000

Out of this only $400,000 forms part of increase in owner's equity.

Thus dividend = Total earnings - Increase in owner's equity

= $1,000,000 - $400,000 = $600,000

Dividend per share = $600,000/100,000 = $6 per share.

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