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  1. business
  2. accounting
  3. statement of retained earnings hayes enterprises b

Statement of retained earnings Hayes Enterprises began 2019 with a retained earnings balance of $928,000....

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Accounting

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Statement of retained earnings Hayes Enterprises began 2019 with a retained earnings balance of $928,000. During 2019 , the firm earned $377,000 after taxes. From this amount, preferred stockholders were paid $47,000 in dividends. At year-end 2019 , the firm's retained earnings totaled $1,048,000. The firm had 140,000 shares of common stock outstanding during 2019. a. Prepare a statement of retained earnings for the year ended December 31, 2019, for Hayes Enterprises. (Note: Be sure to calculate and include the amount of cash dividends paid in 2019.) b. Calculate the firm's 2019 earnings per share (EPS). c. How large a per-share cash dividend did the firm pay on common stock during 2019 ? a. Prepare a statement of retained eamings for the year ended December 31, 2019, for Hayes Enterprises. (Note: Be sure to calculate and include the amount of cash dividends paid in 2019.) The cash dividends paid on common stock are $ (Round to the nearest dollar.)

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