Compute earnings per share of common stock

Reference no: EM1361284

Abc Company's price-earnings ratio is 8.0 and the market price of a share of common stock is $32. The company has 3,000 shares of preferred stock outstanding with each share receiving a dividend of $3 per share. The earnings per share of common stock is:
A) $10.
B) $7.
C) $4.
D) $3.

Reference no: EM1361284

Questions Cloud

Find earnings per share of common stock : Abc Corporation's net income last year was $550,000. The corporation has 150,000 shares of common stock and 50,000 shares of preferred stock outstanding.

Effective weight loss program : Set-point theories suggest that attempts at permanent weight loss are a waste of time. Design or outline an effective weight loss program.

How to use system tools to identify problems : How can you use system tools, such as the Task Manager, to help identify and troubleshoot these problems? Report your findings in a one page paper.

Find the magnitude of the baseballs momentum : find the magnitude of the baseballs momentum.

Compute earnings per share of common stock : Abc Corporation's price earnings ratio is 8 and the market price of a share of common stock is $32. The corporation has 3,000 shares of preferred stock outstanding with each share receiving a dividend of $3 each share.

Epidemic of pediatric obesity : I need some help coming up with a cohesive (a detailed) outline about the epidemic of pediatric obesity. I need to come up with about 7 all-ecompassing topics.

Explain and develop a partial risk and mitigation plan : Explain and Develop a partial risk and mitigation plan for three different risks that could be affiliated with a construction project to add a new facility on a college campus

Design program that asks user to enter amount in python : IN Python Design a program that asks the user to enter the amount that he or she has budget in a month. A loop should then prompt the user to enter his or her expenses for the month.

Calculate total and annual cost : An oil firm arranged a $10,000,000 revolving credit agreement with a group of small banks. The company paid an yearly commitment fee of one-half of one percent of the unused balance of loan commitment.

User Account

All Pages