Calculation of EPS and retained earnings Everdeen Mining, Inc., ended 2019 with net profits before...
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Calculation of EPS and retained earnings Everdeen Mining, Inc., ended 2019 with net profits before taxes of $427,000. The company is subject to a 21% tax rate and must pay $64,500 in preferred stock dividends before distributing any earnings on the 166,000 shares of common stock currently outstanding. a. Calculate Everdeen's 2019 earnings per share (EPS). b. If the firm paid common stock dividends of $0.78 per share, how many dollars would go to retained earnings? a. The firm's EPS is $. (Round to the nearest cent.) b. If the firm paid common stock dividends of $0.78 per share the amount that would go to retained earnings is $ (Round to the nearest dollar.)
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