Hardaway Fixtures' balance sheet at December 31, 2023, included the following: Shares issued and outstanding: Common...
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Hardaway Fixtures' balance sheet at December 31, 2023, included the following: Shares issued and outstanding: Common stock, $1 par Nonconvertible preferred stock, $50 par $ 1,160,000 20,000 On July 21, 2024, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $95,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2024, was $5,600,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2024. Note: Do not round Intermediate calculations. Enter your answers in thousands (l.e., 10,000 should be entered as 10). Numerator Denominator Earnings per Share 0 Hardaway Fixtures' balance sheet at December 31, 2023, included the following: Shares issued and outstanding: Common stock, $1 par Nonconvertible preferred stock, $50 par $ 1,160,000 20,000 On July 21, 2024, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $95,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2024, was $5,600,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2024. Note: Do not round Intermediate calculations. Enter your answers in thousands (l.e., 10,000 should be entered as 10). Numerator Denominator Earnings per Share 0
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