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Quantum technology had 640000 of retained earnings on

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Quantum Technology had $640,000 of retained earnings on December 31, 2010. The company paid common dividends of $30,000 in 2010 and had retained earnings of $500,000 on December 31, 2009.

(a)

How much did Quantum Technology earn during 2010? (Omit the "$" sign in your response.)
Earnings available to common stockholders $
(b)

What would earnings per share be if 40,000 shares of common stock were outstanding?
Earnings per share $

Reference no: EM13586928

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