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Earnings per share
Financial statement data for years ending December 31 for Jardine Company are shown
below.
2012
2011
Net income
$971,000
$692,000
Preferred dividends
$35,000
Average number of common shares outstanding
120,000 shares
90,000 shares
Average number of common shares outstanding 50,000 shares 40,000 shares
a. Determine the earnings per share for 2012 and 2011.
b. Does the change in the earnings per share from 2011 to 2012 indicate a favorable or an unfavorable trend?
in the Republican party, Herman Cain, has a flat tax plan called 9/9/9. Rick Perry has his own flat tax plan. He wants to tax all earned income at a mere 20% rate and not tax capital gains, dividends or estates. what are your thoughts about these..
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