Question: Help Save & Exh Submit Check my work On December 31, 2020, Berclair Inc. had 260 million shares of common stock and 6 million shares

 Help Save & Exh Submit Check my work On December 31,

Help Save & Exh Submit Check my work On December 31, 2020, Berclair Inc. had 260 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 42 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2021. Seven million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $300 million Required: Compute Berclair's earnings per share for the year ended December 31, 2021. (Enter your answers in millions ... 10,000,000 should be entered as 10).) Numerator 1 $ 300 / Denominator - Earnings per Share

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