Question
At December 31, 2019, Windsor Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 109,132 shares $10,913,200 Common stock, $5 par, 4,099,860
At December 31, 2019, Windsor Corporation had the following stock outstanding.
10% cumulative preferred stock, $100 par, 109,132 shares | $10,913,200 | |
Common stock, $5 par, 4,099,860 shares | 20,499,300 |
During 2020, Windsor did not issue any additional common stock. The following also occurred during 2020.
Income from continuing operations before taxes | $22,221,000 | ||
Discontinued operations (loss before taxes) | $3,280,700 | ||
Preferred dividends declared | $1,091,320 | ||
Common dividends declared | $2,401,300 | ||
Effective tax rate | 35 | % |
Compute earnings per share data as it should appear in the 2020 income statement of Windsor Corporation.
Earnings Per Share | ||
---|---|---|
Net Income / (Loss)Income from Continuing OperationsDiscontinued Operations | $enter a dollar amount | |
Income from Continuing OperationsDiscontinued OperationsNet Income / (Loss) | enter a dollar amount | |
Discontinued OperationsNet Income / (Loss)Income from Continuing Operations | $enter a total amount |
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