Question: On January 1 , 2 0 2 5 , Blonsom Industries had stock outstanding as follows. 6 K Cumblative preferred stock, $ 1 0 0
On January Blonsom Industries had stock outstanding as follows.
K Cumblative preferred stock, $ par value issued and outstanding thares $
Common stock, $ par vabue, iswed and outntandine theren
To acquire the net ansets of three smaller companies, Blossom authorired the issuance of an addicional common thares. The acquinition took place as shown below.
tableDate of Acquasition,Shares lasuedCompary A April Company B Auly Compury C October
On May Blonsom realised a $before taves gain on discontinued operations. On December Blossons recorded income of $ from continulige operations.
Aswaming a tax rate, compube the bosic earrings per share data that should appear on the finarkial statements of Bliossom Induntries an of December Round andern to decimal places ess.
DLOSSOM IFBUSTRES
Incentre Statement
Decenber
Incime Irom Coneinuing Operations
Gesortinued Operations Gan, Net of Ther
Net incorretionst
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