Question

Income from continue 800,000 loss from discontinued 150,000 preferred dividend declared 120,000 common dividend declared 200,000...

Income from continue 800,000
loss from discontinued 150,000
preferred dividend declared 120,000
common dividend declared 200,000
common shares outstanding 500,000
prefered shares outstanding

100,000

what is the earnings per share?

-.88

-.66

-1.30

-1.06

Homework Answers

Answer #1
Earning Per Share = Net Income (-) Preferred income
Comman Shares
= 8,00,000(-)1,20,000
5,00,000
= 1.36
Earning Per Share from continued operations = Net Income(-) Preferred Income(-) loss from discontinued operations
Comman Shares
= 8,00,000(-)1,20,000(-)1,50,000
5,00,000
= 1.06
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