Question: please help will give like 19.3 19.4 part 2 Exercise 19-12 (Static) EPS; shares issued; stock dividend [LO19-5, 19-6] For the year ended December 31,
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Exercise 19-12 (Static) EPS; shares issued; stock dividend [LO19-5, 19-6] For the year ended December 31, 2024, Norstar Industries reported net income of $655,000. At January 1, 2024, the company had 900,000 common shares outstanding. The following changes in the number of shares occurred during 2024: April 30 sold 60,000 shares in a pablic of fering May 24 Declared and distributed a 51 stock dividend June 1 Tosued 72,000 shares as part of the consideration for the purchase of assets from a subsidiary Required: Compute Norstar's earnings per share for the year ended December 31, 2024. Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in thousands (i.e., 10,000 should be entered as 10). Round "Earnings per share" answer to 2 decimal places. Exercise 19-13 (Static) EPS; treasury stock; new shares; stock dividends; two years, financial statement effects [LO19-5, 19-6] The U Group had 202,000 shares of common stock outstanding at January 1, 2024. The following activities affected common shares during the year. There are no potential common shares outstanding. 2024 Tebruary 28 Purchased 6,000 shares of treasury stock. October 31 sold the treasury ahares purchased on February 28. Noverber 30 Tssued 24,000 new shares. Decenber 31 Net incotre for 2024 in 5400,000 . 2025 Janusry 15 Declared and 1 ittued a 2 -for-1 stock spilt. December 31 Net income for 2025 is $400,000. Required: 1. Determine the 2024 EPS. 2. Determine the 2025 EPS. 3. At whot amount will the 2024 EPS be presented in the 2025 comparative financial statements? Note: Do not round intermediate calculations. Enter your answers in thousands (i,e4,10,000 should be entered as 10 )
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