At December 31, 2024, Swifty Corporation had the following stock outstanding. 10% cumulative preferred stock, $100...

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At December 31, 2024, Swifty Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,636 shares $10,863,600 Common stock, $5 par, 4,075,400 shares 20,377,000 During 2025, Swifty did not issue any additional common stock. The following also occurred during 2025. Income from continuing operations before taxes Discontinued operations (loss before taxes) Preferred dividends declared Common dividends declared Effective tax rate $22,767,400 3,461,300 1,086,360 2,368,400 35% Compute earnings per share data as it should appear in the 2025 income statement of Swifty Corporation. (Roun places, e.g. 1.48.) Earnings Per Share Income from Continuing Operations V $ LA Loss from Discontinued Operations Net Income/(Loss) > $ At December 31, 2024, Swifty Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,636 shares $10,863,600 Common stock, $5 par, 4,075,400 shares 20,377,000 During 2025, Swifty did not issue any additional common stock. The following also occurred during 2025. Income from continuing operations before taxes Discontinued operations (loss before taxes) Preferred dividends declared Common dividends declared Effective tax rate $22,767,400 3,461,300 1,086,360 2,368,400 35% Compute earnings per share data as it should appear in the 2025 income statement of Swifty Corporation. (Roun places, e.g. 1.48.) Earnings Per Share Income from Continuing Operations V $ LA Loss from Discontinued Operations Net Income/(Loss) > $

Answer rating: 100% (QA)

Earnings Per Share Income from Continuing Operations 532 Loss from Discontinued Operations085 ... View the full answer