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  3. 14) moore, inc. had 150,000 shares of common stock

14) Moore, Inc. had 150,000 shares of common stock outstanding before a stock split occurred,...

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14) Moore, Inc. had 150,000 shares of common stock outstanding before a stock split occurred, and 750,000 shares outstanding after the stock split. The stock split was a. 2-for-5. b. 5-for-1. c. 1-for-5. d. 3-for-1. 15) Daytona Corporation had 800,000 shares of common stock outstanding during the year. Daytona declared and paid cash dividends of $400,000 on the common stock and $320,000 on the preferred stock. Net income for the year was $1,760,000. What is Daytona's earnings per share? a. $1.75 b. $1.70 c. $1.80 d. $1.30

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