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(a) Compute earnings per share for each year. (Round answer to 2 decimal places, e.g. 10.50.) Earnings per share $ 2021 $ 2022

(a) Compute earnings per share for each year. (Round answer to 2 decimal places, e.g. 10.50.) Earnings per share $ 2021 $ 2022

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter12: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 8BE: Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:...
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Net income Dividends on preferred stock Dividends on common stock Weighted-average number of common shares outstanding Common stockholders' equity beginning of year Common stockholders' equity end of year Earnings per share $ (a) Compute earnings per share for each year. (Round answer to 2 decimal places, e.g. 10.50.) 2021 $ LA 2021 2022 $102,000 $112,200 $30,600 $30,600 $20,400 $25,500 51,000 45,900 $612,000 $765,000 $765,000 $846,600 2022
Transcribed Image Text:Net income Dividends on preferred stock Dividends on common stock Weighted-average number of common shares outstanding Common stockholders' equity beginning of year Common stockholders' equity end of year Earnings per share $ (a) Compute earnings per share for each year. (Round answer to 2 decimal places, e.g. 10.50.) 2021 $ LA 2021 2022 $102,000 $112,200 $30,600 $30,600 $20,400 $25,500 51,000 45,900 $612,000 $765,000 $765,000 $846,600 2022
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