Homework answers / question archive / Candy Corporation had pretax profits of $1

Candy Corporation had pretax profits of $1

Finance

Share With

Candy Corporation had pretax profits of $1.2 million, an average tax rate of 34 percent, and it paid preferred stock dividends of $50,000. There were 100,000 shares outstanding and no interest expense. What was Candy Corporation's earnings per share?
Select one:
a. $7.42
b. $7.59
c. $4.52
d. $3.91

======================

Operating profit is known as ______.
Select one:
a. earnings after interest and taxes
b. earnings after tax
c. earnings before depreciation and taxes
d. earnings before interest and taxes