Question

Corporation B reported earnings per share of $10. Corporation B has 100,000 shares of common stock outstanding and reported an increase in owners' equity of $400,000 for the period. Corporation B paid $50,000 in interest expense during the period. Corporation B paid dividends per share of
A) $6.00.
B) $5.50.
C) $6.50.
D) $14.003.

Answer

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