What would earnings per share, Accounting Basics

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What would earnings per share

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

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Accounting Basics: What would earnings per share

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Accounting Basics: What would earnings per share

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