Calculate blue earnings per share for the year

Assignment Help Financial Management

Reference no: EM131615736

During 2012, Blue Corporation produced net income of $1,550,000. The average number of shares of common stock outstanding for the year was 498,000.

Calculate Blue's earnings per share for the year. Round your answer to two decimal places. $ _________________

Which of the following best represents what Blue Corporation's earnings per share indicates:

A) Represents the profits for every share of common stock outstanding during the year.

B) Represents the profits for every share of common stock issued during the year.

C) Represents the profits for every share of common stock authorized during the year.

D) Represents the profits for every share of treasury stock purchased during the year.

Reference no: EM131615736

Questions Cloud

Statement about the valuation effects of the collar : Which is the most accurate statement about the valuation effects of the collar?

Calculate the mirr for the project : You are evaluating a project that involves an initial outlay of $55,000 to commit to the project. calculate the MIRR for the project.

What is your assessment regarding degree of success : What has been reported or suggested as the basis of the merger? What is your assessment regarding degree of success?

Compute the stock earnings per share : Compute the stock's earnings per share (EPS). Determine what the stock's dividend yield would be if it paid $2.61 per share to common stockholders.

Calculate blue earnings per share for the year : During 2012, Blue Corporation produced net income of $1,550,000. Calculate Blue's earnings per share for the year.

Calculate jim profit margin for the year : Calculate Jim's profit margin for the year.

How should such entities make capital budgeting decisions : Are the capital budgeting criteria applicable to not for profit corporations? How should such entities make capital budgeting decisions?

What is the npv of the project-calculate the irr for project : What is the NPV of the project if the cost of capital is 15%? Is it advisable to calculate the IRR for this project?

Wacc and percentage of debt financing : Hook Industries' capital structure consists solely of debt and common equity. What percentage of the company's capital structure consists of debt?

User Account

All Pages