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Business, 03.12.2021 22:20 hardwick744

1. Common stock outstanding on January 1, 2017, was 50,000 shares. On July 1, 2017, 10,000 more shares were issued. 2. The market price of Carolina's stock was $22 at the end of 2017. 3. Cash dividends of $35,000 were paid, $5,000 of which were paid to preferred stockholders. Compute the following ratios for 2017: (Round earnings per share to 2 decimal places, e. g. 2.25 and all other answers to 1 decimal place e. g. 15.5.)

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1. Common stock outstanding on January 1, 2017, was 50,000 shares. On July 1, 2017, 10,000 more shar...

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