Business, 15.10.2020 09:01 kaylabethany
Assume that Carla Corp. earned net income of $3,601,000 during 2021. In addition, it had 100,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021.
Required:
Compute earnings per share for 2021.
Answers: 3
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Assume that Carla Corp. earned net income of $3,601,000 during 2021. In addition, it had 100,000 sha...
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