Problem related to earnings per share of common stock


For 2006, Skresso Co. reported $3.64 of earnings per share of common stock. During 2007 the firm had a 4% common stock dividend. 2006 earnings per share to be reported in the annual report for 2007 are:

A) $3.79

B) $3.64

C) $3.50

D) $3.49

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Problem related to earnings per share of common stock
Reference No:- TGS062690

Expected delivery within 24 Hours