Question: please help me finding out the earning per share Current Attempt in Progress Grouper Inc. presented the following data. Net Income $2.470,000 5,200,000 736,800 Preferred

please help me finding out the earning per share

Current Attempt in Progress Grouper Inc. presented the following data. Net Income $2.470,000 5,200,000 736,800 Preferred stock: 52,000 shares outstanding. $100 par, 8% cumulative, not convertible Common stocke Shares outstanding 1/1 Issued for cash, 5/1 Acquired treasury stock for cash, 8/1 2-for-1 stock split, 10/1 315,600 134,400 Compute earnings per share. (Round answer to 2 decimal places, eg $2.55.) Earnings per share $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

include explanation please Pharoah Company is constructing a building, Construction began on February 1 and was completed on December 31. Expenditures were $1440.000 on March 1, $960,000 on June 1,...

Additional Information needed for Question 2: Pepsi Total assets 2018 = 77,648 Pepsi LT debt 2018 = 28,295 Current Attempt in Progress The financial statement of Coca-Cola are presented in Appendix...

The Question Nike's report P107-111 An example from Week 4's lecture RIV valuation for Nike In this Weekly Assignment, you are asked to apply the residual income valuation (RIV) model to calculate...

This report created from the financial statements of The Amazon.com, Inc. Company Running Head: FINANCIAL ANALYSIS 1 Financial Analysis Students Name Executive summary FINANCIAL ANALYSIS 2 This...

Executive Memorandum (EM) Guidelines Prepare an executive summary of the papers that is only one page long.The assignment should be typed in Word, font size 11 double spaced, with minimum margins of...

View Policies Current Attempt in Progress Amazon.com, Inc.'s financial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Walmart Inc. are presented in...

need help with required 1-3. appendix a at the bottom AA 09-3 Global Analysis LO P3 Review Samsung's financial statements in Appendix A and identify its () total assets as of December 31, 2017, and...

(b) Compute the dollar amount of change and the percentage change in inventories between 2017 and 2018. Compute inventory as a percentage of current assets at September 29, 2018. (Enter dollar amount...

LONG-TERM LIABILITIES & BONDS PAYABLE Refer to the financial statements and notes to the financial statements. The first note, "Summary of Significant Accounting Policies," should provide information...

Complete the following table by filling in the blanks. For each of the listed posting errors: 1. Enter in column (1) the amount of the difference that the error would create between the two trial...

What does the term "central bank independence" stand for? (a) The central bank is an independent authority (like a sovereign nation) that prints its own money and levies taxes on its own citizens (b)...

Which of the following capital structure theories stipulates there is no relationship between capital structure and the value of the firm? Modigliani - Miller ( MM ) approach Net income approach...

Please use the financial statements below to respond to the following questions: 1 . Calculate the return on equity ( ROE ) and return on assets ( ROA ) for 2 0 1 9 and 2 0 1 8 to two decimal places....