At December 31, 2017 and 2018, Funk and Noble corporation had outstanding 760 million shares of common stock and 7 million shares of 4%, 100 par value cumulative perferred stock. No dividentds were declared on either the preferred or common stock in 2017 or 2018. Net income for 2018 was 788 million. the income tax rate is 40 percent. Calculate earning per share for the year ended December 31, 2018?

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A: EPS stands for earnings per share. The earnings per share is calculated as net income available to…

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A:

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Q: Compute diluted earnings per share

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A: Formula: Earnings per share = (Net Income - Preferred dividends) / No. of common shares outstanding…

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A: Mean return can be calculated by using formula below.whereR1, R2 and Rn are return for respective…

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A: Formula: Net income = Revenues - Expenses

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A: Solution: Introduction:   EPS stands for Earning Per share, which is a measure of financial…

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A: Preferred Dividend = No. of preferred share x Par value per share x rate of dividend…

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Q: At December 31, 2017, Albrecht Corporation had outstanding 373,000 shares of common stock and 8,000…

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A:

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Stock Yields

The stock yield is otherwise known as the dividend yield. The dividend yield is an annual payment of the stock dividends to the holder of a firm’s stock. The dividend yield is a financial ratio to measure the value of dividend payout every year for the relative stock price. The yield of a stock is usually shown in a percentage that discloses the expected future earnings from stock depending on the current stock price in the future. Stock yield will change depending on the market fluctuations and in accordance with the market fluctuations, the dividends will be increased or decreased by the firm.