At December 31, 2016, Oriole Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,506 shares $10,850,600
Common stock, $5 par, 4,024,760 shares 20,123,800
During 2017, Oriole did not issue any additional common stock. The following also occurred during 2017.
Income from continuing operations before taxes $23,480,400
Discontinued operations (loss before taxes) $3,292,300
Preferred dividends declared $1,085,060
Common dividends declared $2,210,000
Effective tax rate 35 %
Compute earnings per share data as it should appear in the 2017 income statement of Oriole Corporation. (Round answers to 2 decimal places, e. g. 1.48.)
Earnings Per Share
At December 31, 2016, Oriole Corporation had the f Net Income / (Loss)Income from Continuing OperationsDiscontinued OperationsAt December 31, 2016, Oriole Corporation had the f Income from Continuing OperationsNet Income / (Loss)Discontinued OperationsAt December 31, 2016, Oriole Corporation had the f Discontinued OperationsNet Income / (Loss)Income from Continuing Operations

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

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