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The Balance Sheet for Blan Corporation at the End of the Current

question 103

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The balance sheet for Blan Corporation at the end of the current year indicates the following:
The balance sheet for Blan Corporation at the end of the current year indicates the following:    Income before income taxes was $480,000 and income taxes expense for the current year amounted to $144,000.Cash dividends paid on common stock were $300,000,and the common stock was selling for $22 per share at the end of the year.There were no ownership changes during the year. a.Earnings per share b.Price/earnings ratio c.Dividend payout ratio

Income before income taxes was $480,000 and income taxes expense for the current year amounted to $144,000.Cash dividends paid on common stock were $300,000,and the common stock was selling for $22 per share at the end of the year.There were no ownership changes during the year.
a.Earnings per share
b.Price/earnings ratio
c.Dividend payout ratio


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