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At December 31, 2019, Shiga Naoya Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,500 shares Common stock, $5 par,
At December 31, 2019, Shiga Naoya Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,500 shares Common stock, $5 par, 4,000,000 shares $10,750,000 20,000,000 During 2020, Shiga Naoya did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $23,650,000 Discontinued operations (loss before taxes) $3,225,000 Preferred dividends declared $1,075,000 Common dividends declared Effective tax rate $2,200,000 17 % Compute earnings per share data as it should appear in the 2020 income statement of Shiga Naoya Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share $ $
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