Business, 11.05.2021 16:10 zyrashanson

XYZ has the following information available for the year ended 12/31/21. 8% preferred stock, $50 par value, authorized 100,000 shares, outstanding 90,000 shares $4,500,000
Common stock, $1.00 par, authorized and issued 10 million shares 10,000,000
Additional paid-in capital 20,500,000
Net income 33,000,000

Preferred stock dividends of $360,000 were declared (of which 90,000 will be paid January 2022) . Dividends of $1,000,000 were declared (of $250,000 will be paid January 2022) Instructions Compute earnings per share data as it should appear on the income statement of XYZ.

Required:
Compute earnings per share data as it should appear on the income statement of XYZ Corporation.

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XYZ has the following information available for the year ended 12/31/21. 8% preferred stock, $50 pa...

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