Question: q5t Crane Realty Ltd, is a land developer, with a calendar year end. When Crane needs capital to buy land, it often issoes coenimon shares.


Crane Realty Ltd, is a land developer, with a calendar year end. When Crane needs capital to buy land, it often issoes coenimon shares. and once cash is obtained on large land sales, shares are often repurchased, Proft for the yoar ended December 31.2024, was \$885,222. Crane's board of directors declared and paid the annual dividend to its preferred shareholders. Crane reported the following information related to its shareholders' equify on January 1, 2024. Calculate the weighted average number of common sharns foc 2024. Weighted average number of common shares Calculate the earnings per share for Crane. (Round answer to 2 decimalploces, eg. 2.76) Earnings pershare Question Part Score Assume instead that the preferred shares are noncumulative and that there were no dividends paid during the year. Calculate the earnings per share for Crane: (Round answer to 2 decimal ploces es. 2.76)
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