Question: Return to the Financial Resources data in Short Exercise S11-3. Financial Resources had 10,000 shares of common stock outstanding during 20X7. Financial Resources declared and

Return to the Financial Resources data in Short Exercise S11-3. Financial Resources had 10,000 shares of outstanding during 20X7. Financial Resources declared and paid preferred dividends of $6,000 during 20X7.
Report Financial Resources' earnings per share on the income statement.
Data in Short Exercise S11-3

Other gains (losses) S (2,000) rvenu2.000 15,000 Extraordinary gain Cost of goods sold. S 5,000 71,000 Operating expenses.64,000 ...19,000 esas) Loss on discontinued Accounts receiab operations

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