Elite Trailer Parks has an operating profit of $264,000. Interest expense for the year was...
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Elite Trailer Parks has an operating profit of $264,000. Interest expense for the year was $30,500: preferred dividends paid were $29,100; and common dividends paid were $37.900. The tax was $65,400. The firm has 25,400 shares of common stock outstanding a. Calculate the earnings per share and the common dividends per share for Elite Trailer Parks. (Round your answers to 2 decimal places.) Earnings per share Common dividends per share b. What was the increase in retained earnings for the year? Increase in retained earnings
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