Question

Sansa Stark Incorporated has revenues totaling $105,000, expenses totaling $80,000, a gain of $10,000, and a...

Sansa Stark Incorporated has revenues totaling $105,000, expenses totaling $80,000, a gain of $10,000, and a loss of $5,000. She has a 21 percent income tax rate. She also pays dividends to preferred shareholders of 3,000. On January 1st, she has 10,000 shares of stock outstanding. She issues 2,000 additional shares on July 1st and repurchases 3,000 shares on December 1st. What is her earnings per share for common shareholders?

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