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At December 31, 2020, Albrecht Corporation had outstanding 348,000 shares of common stock and 18,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. On
At December 31, 2020, Albrecht Corporation had outstanding 348,000 shares of common stock and 18,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. On May 31, 2021, Albrecht sold for cash 12,000 shares of its common stock. No cash dividends were declared for 2021. For the year ended December 31, 2021, Albrecht reported a net loss of \$1,391,000. Required: Calculate Albrecht's net loss per share for the year ended December 31, 2021. (Enter your answers in thousands. Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) Hardaway Fixtures' balance sheet at December 31,2020 , included the following: On July 21,2021 , Hardaway issued a 25% stock dividend on its common stock. On December 12 , it paid $35,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $3,200,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.) For the year ended December 31, 2021, Norstar Industries reported net income of $950,000. At January 1,2021 , the company had 1,010,000 common shares outstanding. The following changes in the number of shares occurred during 2021 : Apr. 30 Sold 70,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. June 1 Issued 78,000 shares as part of the consideration for the purchase of assets from a subsidiary. Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) At December 31, 2020, Albrecht Corporation had outstanding 348,000 shares of common stock and 18,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. On May 31, 2021, Albrecht sold for cash 12,000 shares of its common stock. No cash dividends were declared for 2021. For the year ended December 31, 2021, Albrecht reported a net loss of \$1,391,000. Required: Calculate Albrecht's net loss per share for the year ended December 31, 2021. (Enter your answers in thousands. Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) Hardaway Fixtures' balance sheet at December 31,2020 , included the following: On July 21,2021 , Hardaway issued a 25% stock dividend on its common stock. On December 12 , it paid $35,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $3,200,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.) For the year ended December 31, 2021, Norstar Industries reported net income of $950,000. At January 1,2021 , the company had 1,010,000 common shares outstanding. The following changes in the number of shares occurred during 2021 : Apr. 30 Sold 70,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. June 1 Issued 78,000 shares as part of the consideration for the purchase of assets from a subsidiary. Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.)
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