Question: PA11-3 (Algo) Finding Missing Amounts [LO 11-2, LO 11-3, LO 11-5] At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete
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PA11-3 (Algo) Finding Missing Amounts [LO 11-2, LO 11-3, LO 11-5] At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ? ; issue price $9 per share. Shares held as treasury stock, 10,400 shares, cost $7 per share. Net income for the current year, $519,480. Common Stock account, $154,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $840,000. Required: Complete the following: (Round "Earnings per share" to 2 decimal places.)
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