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 Berclair Incorporated had milion shares of common stock and million shares of $ par value cumulative preferred stock issued and outstanding.
On March Berclair purchased million shares of its common stock as treasury stock.
Berclair issued a common stock dividend on July
Five million treasury shares were sold on October
Net income for the year ended December was $ milion.
Required:
Compute Berclair's earnings per share for the year ended December
Note: Do not round intermediate calculations. Enter your answers in millions ie should be entered as
tableNumeratorDenominator,aEarnings per Share,
McDonnellMyer Corporation reported net income of $ million. The company had million common shares outstanding at January and sold million shares on February As part of an annual share repurchase plan, million shares were retired on Aprll for $ per share.
Calculate McDonnellMyer's earnings per share for the year,
Note: Do not round intermediate calculations. Round your final answer to decimal places.
Earnings per share
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
