Question: I Need the answer for the last part Earnings Per Share Thanks The weighted average number of shares outstanding 1743375 eTextbook and Media

 I Need the answer for the last part " Earnings Per

I Need the answer for the last part " Earnings Per Share "

Thanks

The weighted average number of shares outstanding 1743375 eTextbook and Media Attempts: 1 of 6 used (b) Your answer is correct. Assume that Sarasota Corp.earned net income of $3,408,000 during 2021. In addition, it had 102,000 shares of 10%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021. Compute earnings per share for 2021, using the weighted average number of shares determined in part (a). (Round answer to 2 decimal places, eg. $2.55.) Earnings Per Share $ $ 1.95 eTextbook and Media Attempts: 1 of 6 used (c) . Your answer is incorrect. Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2021. (Round answer to 2 decimal places, eg $2.55.) Earnings Per Share $

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