(a). Kalin Corporation had 2010 net income of Tk.1,000,000. During 2010, Kalin paid a dividend of Tk.2 per share on 100,000 shares of preferred stock. During 2010, Kalin had outstanding 50,000 shares of common stock. Compute Kalin's 2010 earnings per share.

(b). Douglas Corporation had 120,000 shares of stock outstanding on January 1, 2010. On May 1, 2010, Douglas issued 60,000 shares. On July 1, Douglas purchased 10,000 treasury shares, which were reissued on October 1. Compute Douglas's weighted-average number of shares outstanding for 2010.

(c). Tomba Corporation had 300,000 shares of common stock outstanding on January 1, 2010. On May 1, Tomba issued 30,000 shares. (a) Compute the weighted-average number of shares outstanding if the 30,000 shares were issued for cash. (b) Compute the weighted-average number of shares outstanding if the 30,000 shares were issued in a stock dividend.

(d). DiCenta Corporation reported net income of Tk. 270,000 in 2010 and had 50,000 shares of common stock outstanding throughout the year. Also outstanding all year were 5,000 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of Tk. 5 per share. DiCenta's tax rate is 40%. Compute DiCenta's 2010 diluted earnings per share.

(e). The 2010 income statement of Wasmeier Corporation showed net income of $480,000 and an extraordinary loss of Tk. 120,000. Wasmeier had 100,000 shares of common stock outstanding all year. Prepare Wasmeier's income statement presentation of earnings per share.