Question: At December 3 1 , 2 0 2 4 , Blue Corporation had the following stock outstanding. 1 0 % cumulative preferred stock, $ 1
At December Blue Corporation had the following stock outstanding.
cumulative preferred stock, $ par, shares
$
Common stock, $ par, shares
During Blue did not issue any additional common stock. The following also occurred during
Income from continuing operations before taxes
$
Discontinued operations loss before taxes
Preferred dividends declared
Common dividends declared
Effective tax rate
Compute earnings per share data as it should appear in the income statement of Blue Corporation.
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