Shareholder Ratios} The following data came from the financial statements of St. James Corp. for 2018 and

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Shareholder Ratios}

The following data came from the financial statements of St. James Corp. for 2018 and 2017:

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\section*{Required:}
Calculate St. James's earnings per share as it would be reported on the 2018 statement of earnings.

\section*{Cornerstone Exercise

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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Question Posted: Jun 10, 2024 01:26 AM

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Shareholder Ratios} The following data came from the financial statements of St. James Corp. for 2018 and

Question:

Net income 2018 $150,000 2017 $120,000 Cash dividends paid on preferred shares Cash dividends paid on common shares Weighted average number of preferred shares outstanding Weighted average number of common shares outstanding $ 15,000 $ 15,000 $ 42,000 20,000 105,000 $ 38,000 20,000 95,000

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Cornerstones Of Financial Accounting

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