At December 31, 2019, Schroeder SE had the following shares outstanding.
8% cumulative preference shares, €100 par, 107,500 shares..........€10,750,000
Ordinary shares, €5 par, 4,000,000 shares.................................20,000,000
During 2019, Schroeder did not issue any additional shares. The following also occurred during 2019.
Income before income tax........................................€21,650,000
Discontinued operations (loss before taxes)......................3,225,000
Preference dividends declared........................................860,000
Ordinary dividends declared........................................2,200,000
Effective tax rate............................................................35%
Instructions
Compute earnings per share data as it should appear in the 2019 income statement of Schroeder SE. (Round to two decimal places.)