Draiman inc has sales of 600000 costs of 258000, Financial Management

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Draiman inc has sales of 600000 costs of 258000

Draiman, Inc., has sales of $600,000, costs of $258,000, depreciation expense of $63,500, interest expense of $30,500, and a tax rate of 40 percent. The firm paid out $43,500 in cash dividends and has 55,000 shares of common stock outstanding. What is the earnings per share figure? What is the dividend per share figure?

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Financial Management: Draiman inc has sales of 600000 costs of 258000

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Financial Management: Draiman inc has sales of 600000 costs of 258000

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