Per-Share Earnings and Dividends
Pharrell, Inc., has sales of $597,000, costs of $261,000, depreciation expense of $65,000, interest expense of $32,000, and a tax rate of 35 percent. The firm paid out $42,000 in cash dividends and has 52,000 shares of common stock outstanding.
What is the earnings per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Earnings per share _______
What is the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Dividends per share $ ____