Question: On December 3 1 , 2 0 2 3 , Berclair Incorporated had 5 2 0 milion shares of common stock and 5 million shares

On December 31,2023, Berclair Incorporated had 520 milion shares of common stock and 5 million shares of 9%,$100 par value cumulative preferred stock issued and outstanding.
On March 1,2024, Berclair purchased 30 million shares of its common stock as treasury stock.
Berclair issued a 5% common stock dividend on July 1,2024.
Five million treasury shares were sold on October 1.
Net income for the year ended December 31,2024, was $950 milion.
Required:
Compute Berclair's earnings per share for the year ended December 31,2024.
Note: Do not round intermediate calculations. Enter your answers in millions (i.e.,10,000,000 should be entered as 10).
\table[[Numerator,+,Denominator,a,Earnings per Share,],[5,905,+,,,]]
McDonnell-Myer Corporation reported net income of $2,619 million. The company had 536 million common shares outstanding at January 1 and sold 60 million shares on February 28. As part of an annual share repurchase plan, 6 million shares were retired on Aprll 30 for $39 per share.
Calculate McDonnell-Myer's earnings per share for the year,
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Earnings per share
On December 3 1 , 2 0 2 3 , Berclair Incorporated

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