Noncumulative-nonparticipating preferred stock

Reference no: EM13122759

Shamrock Company had net income of $30,000. On January 1, the number of shares of common stock outstanding was 8,000. The company declared a $2,700 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is:

Reference no: EM13122759

Questions Cloud

What is differential cost of alternative b over alternat a : Are the materials costs and processing costs relevant in the choice between alternatives A and B? (Ignore the equipment rental and occupancy costs in this question.)

How many grams of iron is produced : Iron is obtained commercially by the reaction of hematite (Fe2O3) with carbon monoxide. How many grams of iron is produced when 25 mol of hematite reacts with 30 mol of carbon monoxide? with the balanced equation of Fe2O3 + 3CO = 2Fe + 3CO2

Find the sample proportion from an american express : What is the sample proportion from an American Express sponsored survey that found 355 of 546 business travelers use a laptop computer on overnight business trips?

Prepare a schedule fore each of three years : On December 31, 2013, the child crisis center establishes an endowment fund with a $5 million gift of securities. Income from the endowment is to be used exclsuively to support a nutrition program.

Noncumulative-nonparticipating preferred stock : Shamrock Company had net income of $30,000. On January 1, the number of shares of common stock outstanding was 8,000. The company declared a $2,700 dividend on its noncumulative, nonparticipating preferred stock.

Inverse element proof : Let N be a positive integer. Let d be an integer relatively prime to phi(N) (phi denotes the euler totient function). Prove that there exists a d' in Z (=integers) with dd'=1 mod phi(N).

What are the molality and mole fraction of solute : What are the molality and mole fraction of solute in a 34.0 percent by mass aqueous solution of formic acid (CH3OH)?

How many batteries would weigh more than forty eight months : A mean of 45 months and a standard deviation of 8 months. if a random sample of 600 batteries is selected, how many batteries would weigh last more than 48 months?

What is the minimum acceptable selling price of material : what is the minimum acceptable selling price of material L to the company that could use material L in its own production process?

User Account

All Pages