102 80Required:a. Prepare a condensed income statement for 2021, Including earnings per share figures. Slick Software, Inc., had 200,000 shares of$1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout the year.b. Prepare a statement of retained earnings for the year ended December 31, 2021. As originally reported, retained earnings atDecember 31, 2020, amounted to $7,285,000.c. Compute the amount of cash dividend per share of common stock declared by the board of directors for 2021. Assume nodividends in arrears on the preferred stock.d. Assume that 2021 earnings per share is a single figure and amounts to $8.00. Assume also that there are no changes in outstandingcommon or preferred stock in 2022. Do you consider the $8.00 earnings per share figure in 2022 to be a favorable or unfavorablefigure in comparison with 2021 performance?10pointseBookComplete this question by entering your answers in the tabs below.PrintRequired ARequired BRequired CRequired DReferencesPrepare a condensed income statement for 2021, including earnings per share figures. Slick Software, Inc., had 200,000shares of $1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout theyear. (Round Earnings per share to 2 decimal places.)SLICK SOFTWARE, INC.Condensed Income StatementFor the Year Ended December 31, 2021Discontifed operations:240.Eamings per share:10 ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser3D0&launchUrl%3https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/KEZASSBKEPindurdLaunch Meeting - Z...Zoom meeting on...Launch Meeting - Z..library.lol/main/33...AV CUNY LoginCh 12 h/w iSavedHelpSaveThe following data relate to the operations of Slick Software, Inc., during 2021.80Continuing operations:Net salesCosts and expenses (including applicable income tax)Other data:$ 19,850,00016,900,000Operating income during 2021 on segment of the business discontinued near year-end (net of income tax)Loss on disposal of discontinued segment (net of income tax benefit)Prior period adjustment (increase in 2020 depreciation expense, net of incometax benefit)Cash dividends declaredolnts140,000550,000350,000950,000eBookRequired:a. Prepare a condensed income statement for 2021, including earnings per share figures. Slick Software, Inc., had 200,000 shares of$1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout the year.b. Prepare a statement of retained earnings for the year ended December 31, 2021. As originally reported, retained earnings atDecember 31, 2020, amounted to $7,285,000.c. Compute the amount of cash dividend per share of common stock declared by the board of directors for 2021. Assume nodividends in arrears on the preferred stock.d. Assume that 2021 earnings per share is a single figure and amounts to $8.00. Assume also that there are no changes in outstandingcommon or preferred stock in 2022. Do you consider the $8.00 earnings per share figure in 2022 to be a favorable or unfavorablefigure in comparison with 2021 performance?PrinteferencesComplete this question by entering your answers in the tabs below.Required ARequired BRequired CRequired DPrepare a condensed income statement for 2021, including earnings per share figures. Slick Software, Inc., had 200,000shares of $1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout theyear. (Round Earnings per share to 2 decimal places.)SLICK SOFTWARE, INC.Condensed Income StatementFor the Year Ended December 31, 2021

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102 80Required:a. Prepare a condensed income statement for 2021, Including earnings per share figures. Slick Software, Inc., had 200,000 shares of$1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout the year.b. Prepare a statement of retained earnings for the year ended December 31, 2021. As originally reported, retained earnings atDecember 31, 2020, amounted to $7,285,000.c. Compute the amount of cash dividend per share of common stock declared by the board of directors for 2021. Assume nodividends in arrears on the preferred stock.d. Assume that 2021 earnings per share is a single figure and amounts to $8.00. Assume also that there are no changes in outstandingcommon or preferred stock in 2022. Do you consider the $8.00 earnings per share figure in 2022 to be a favorable or unfavorablefigure in comparison with 2021 performance?10pointseBookComplete this question by entering your answers in the tabs below.PrintRequired ARequired BRequired CRequired DReferencesPrepare a condensed income statement for 2021, including earnings per share figures. Slick Software, Inc., had 200,000shares of $1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout theyear. (Round Earnings per share to 2 decimal places.)SLICK SOFTWARE, INC.Condensed Income StatementFor the Year Ended December 31, 2021Discontifed operations:240.Eamings per share:< Prev8 of 9Next >10 ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser3D0&launchUrl%3https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/KEZASSBKEPindurdLaunch Meeting - Z...Zoom meeting on...Launch Meeting - Z..library.lol/main/33...AV CUNY LoginCh 12 h/w iSavedHelpSaveThe following data relate to the operations of Slick Software, Inc., during 2021.80Continuing operations:Net salesCosts and expenses (including applicable income tax)Other data:$ 19,850,00016,900,000Operating income during 2021 on segment of the business discontinued near year-end (net of income tax)Loss on disposal of discontinued segment (net of income tax benefit)Prior period adjustment (increase in 2020 depreciation expense, net of incometax benefit)Cash dividends declaredolnts140,000550,000350,000950,000eBookRequired:a. Prepare a condensed income statement for 2021, including earnings per share figures. Slick Software, Inc., had 200,000 shares of$1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout the year.b. Prepare a statement of retained earnings for the year ended December 31, 2021. As originally reported, retained earnings atDecember 31, 2020, amounted to $7,285,000.c. Compute the amount of cash dividend per share of common stock declared by the board of directors for 2021. Assume nodividends in arrears on the preferred stock.d. Assume that 2021 earnings per share is a single figure and amounts to $8.00. Assume also that there are no changes in outstandingcommon or preferred stock in 2022. Do you consider the $8.00 earnings per share figure in 2022 to be a favorable or unfavorablefigure in comparison with 2021 performance?PrinteferencesComplete this question by entering your answers in the tabs below.Required ARequired BRequired CRequired DPrepare a condensed income statement for 2021, including earnings per share figures. Slick Software, Inc., had 200,000shares of $1 par value common stock and 80,000 shares of $6.25, $100 par value preferred stock outstanding throughout theyear. (Round Earnings per share to 2 decimal places.)SLICK SOFTWARE, INC.Condensed Income StatementFor the Year Ended December 31, 2021

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