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At December 31, 2017, the records of Kozmetsky Corporation provided the following selected and incomplete data: At December 31, 2017, the records of Kozmetsky Corporation
At December 31, 2017, the records of Kozmetsky Corporation provided the following selected and incomplete data:
At December 31, 2017, the records of Kozmetsky Corporation provided the following selected and incomplete data Common shares: no changes during 2017 Shares authorized: 5,000,000 Shares issued, Net income for 2017: $4,800,000 Common Shares account: $1,500,000 Dividends declared and paid during 2017: $2 per share Retained Earnings balance, January 1, 2017: $82,900,000 issue price $1 per share. Required Complete the following: (Round "Earnings per share" to 2 decimal places.) 1. Shares issued 1,500,000 Shares outstanding 2. Earnings per share 3. Total dividends paid on common shares during 2017Step by Step Solution
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