qs 4 exam 3

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University of Maryland, University College *

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6981

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Finance

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Apr 3, 2024

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docx

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1

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View Policies Show Attempt History Your Answer | Correct Answer ¥ Your answer is correct. On January 1, 2022, Sheridan Corporation purchased 5,700 shares of treasury stock. Other information regarding Sheridan Corporationis provided as follows. Netincome 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 (2) Compute earnings per share for each year. (Round answer to 2 decimal places, e3. 10.50) 2021 2021 $114000 $34,200 $22800 55000 $684,000 $855,000 2022 $125,400 $34.200 528500 49,300 855,000 $946.200 202 Earnings per share eTextbook and Media Solution Attempts: 10f 2used
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