Question: View Policies Current Attempt in Progress Stellar Inc. presented the following data. Net income Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible

View Policies Current Attempt in Progress Stellar Inc. presented the following

View Policies Current Attempt in Progress Stellar Inc. presented the following data. Net income Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible Common stock: Shares outstanding 1/1 Issued for cash, 5/1 Acquired treasury stock for cash, 8/1 2-for-1 stock split, 10/1 $2,410,000 5,200,000 729,600 296,400 152,400 Compute earnings per share. (Round answer to 2 decimal places, eg. $2.55.) Earnings per share $

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