alleys6327 alleys6327

21-11-2022
Business

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mayan company had net income of $132,000. the weighted-average common shares outstanding were 80,000. the company declared a $27,200 dividend on its noncumulative preferred stock. there were no other stock transactions. the company's basic earnings per share is:

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KirtiVT4 KirtiVT4

24-11-2022

Stock transactions. The company's basic earnings per share are EPS = $1.71 per unit

What is the stock price?

A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.

Earnings per share are calculated by dividing the total earnings attributable to common shareholders by the quantity of common stock outstanding. It is the profit per share of stock held by an investor who is a common stockholder. Higher is always better and more profitable.

Therefore, Stock transactions. The company's basic earnings per share are EPS = $1.71 per unit

Learn more about stock prices here:

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