Question: BUAD 273 Problems: Show all calculations clearly for full marks. Problem 9 (5 marks) The following information pertains to Aspen Park Inc. for the

BUAD 273 Problems: Show all calculations clearly for full marks. Problem 9

BUAD 273 Problems: Show all calculations clearly for full marks. Problem 9 (5 marks) The following information pertains to Aspen Park Inc. for the year ended December 31, 2021: Net income from continuing operations Loss from discontinued operations, net of tax Net income $200,000 $20,000 $180,000 Aspen Park had 5,000 $2 cumulative preferred shares outstanding throughout the year. They had 60,000 common shares outstanding on January 1, 2021. During 2021, the following common share transactions took place: Required: March 1 July 1 August 1 Issued 20,000 additional common shares Declared a 10% common stock dividend Repurchased and retired 10,000 common shares Prepare the correct earnings per share disclosure for Aspen Park's 2021 income statement. 14 600 255 75 345

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