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35 ASAP At December 31, 2024 and 2023, Markle Company had 102,000 shares of common stock and 5,200 shares of 3%, $100 par value cumulative
35 ASAP
At December 31, 2024 and 2023, Markle Company had 102,000 shares of common stock and 5,200 shares of 3%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2024 or 2023. Net income for 2024 was $520,000. For 2024, basic earnings per share was:
Multiple Choice
$9.81.
$4.95.
$4.80.
$1.56.
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