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The balance sheets at the end of each of the first two years of operations indicate the following: If net income is $115,000 and interest expense is $30,000 for 2012, what are the earnings per share on common stock for 2012, (round to two decimal places) ?
HST Remittance
The process of sending payments of the Harmonized Sales Tax collected by businesses to the relevant tax authority.
HST Returns
The process of reporting and remitting the Harmonized Sales Tax collected by businesses to the government, typically on a periodic basis.
HST-Inclusive Price
The total price of a product or service including the Harmonized Sales Tax, which combines the federal goods and services tax and provincial sales tax where applicable.
Nearest Whole Percent
Rounding off a percentage to the closest whole number.
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