Huang Ltd. presented the following data (yen in thousands).
Net income.....................................................................¥2,200,000
Preference shares: 50,000 shares outstanding, ¥100 par, 8% cumulative, not convertible.......................................................................5,000,000
Ordinary shares: Shares outstanding 1/1.......................................600,000
Issued for cash, 5/1...............................................................300,000
Acquired treasury shares for cash, 8/1..........................................150,000
2-for-1 share split, 10/1
Instructions
Compute earnings per share.