Question: 8.4 Current Attempt in Progress Here is the income statement for Blossom, Inc. Additional information: 1. Common stock outstanding January 1,2025 , was 20,000 shares,
8.4
Current Attempt in Progress Here is the income statement for Blossom, Inc. Additional information: 1. Common stock outstanding January 1,2025 , was 20,000 shares, and 35,000 shares were outstanding at December 31,2025 . (Use a simple average for weighted-average.) 2. The market price of Blossom stock was $12 on December 31,2025. 3. Cash dividends of $19,000 were declared and paid. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, eg. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5% )
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