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At December 31,2023 , Albrecht Corporation had outstanding 233,000 shares of common stock and 12,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. -
At December 31,2023 , Albrecht Corporation had outstanding 233,000 shares of common stock and 12,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. - On May 31, 2024, Albrecht sold for cash 12,000 shares of its common stock. - No cash dividends were declared for 2024. - For the year ended December 31, 2024, Albrecht reported a net loss of $246,000. Required: Calculate Albrecht's net loss per share for the year ended December 31, 2024. Note: Do not round intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 10)
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