Question: Financial statement data for years ending December 31 for Jardine Company are shown below . Financial statement data for years ending December 31 for Jardine

Financial statement data for years ending December 31 for Jardine Company areshownbelow.

Financial statement data for years ending December 31 for Jardine Company are shown below.
2014 2013
Net income $219,000 $180,500
Preferred dividends $33,000 $33,000
Average number of common shares outstanding 60,000 shares 50,000 shares

a.Determine the earnings per share for 2014 and 2013. Round your answers to two decimal places.

2014 $ per share
2013

$ per share gbrn

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!