Question: Comparative Statements of Retained Earnings for Renn - Dever Corporation were reported as follows for the fiscal years ending December 3 1 , 2 0
Comparative Statements of Retained Earnings for RennDever Corporation were reported as follows for the fiscal years ending December and
RENNDEVER CORPORATION
Statements of Retained Earnings For the Years Ended December
Balance at beginning of year $ $ $
Net income loss
Deductions:
Stock dividend shares
Common shares retired, September shares
Common stock cash dividends
Balance at end of year $ $ $
At December paidin capital consisted of the following:
Common stock, shares at $ par $
Paid in capitalexcess of par
No preferred stock or potential common shares were outstanding during any of the periods shown.
Required:
Compute RennDevers earnings per share as it would have appeared in income statements for the years ended December and
Note: Negative amounts should be indicated by a minus sign.
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