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A company has the following data at the end of the current year: 200,000 207,000 $15,000 Number of shares of Common Stock issued Number of shares of Common Stock outstanding Preferred Stock Dividends (declared and paid) Net Income Income from Continuing Operations Income from Discontinued Operations $389,000 $363,000 $12,000

A company has the following data at the end of the current year: 200,000 207,000 $15,000 Number of shares of Common Stock issued Number of shares of Common Stock outstanding Preferred Stock Dividends (declared and paid) Net Income Income from Continuing Operations Income from Discontinued Operations $389,000 $363,000 $12,000

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 8RE: Given the following year-end information for Somerset Corporation, compute its basic earnings per...
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What is the earnings per share on the company's net income? (Round to two decimal places.)
Transcribed Image Text:What is the earnings per share on the company's net income? (Round to two decimal places.)
A company has the following data at the end of the current year: Number of shares of Common Stock issued Number of shares of Common Stock outstanding Preferred Stock Dividends (declared and paid) 200,000 207,000 $15,000 $389,000 $363,000 $12,000 Net Income Income from Continuing Operations Income from Discontinued Operations ...
Transcribed Image Text:A company has the following data at the end of the current year: Number of shares of Common Stock issued Number of shares of Common Stock outstanding Preferred Stock Dividends (declared and paid) 200,000 207,000 $15,000 $389,000 $363,000 $12,000 Net Income Income from Continuing Operations Income from Discontinued Operations ...
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