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Boulder Loan Company's balance sheet at December 31, 2021 reports the following: (Click the icon to view the information.) During 2021, Boulder Loan earned
Boulder Loan Company's balance sheet at December 31, 2021 reports the following: (Click the icon to view the information.) During 2021, Boulder Loan earned net income of $5,700,000. Requirement 1. Calculate Boulder Loan's earnings per common share (EPS) for 2021. (Round EPS to two decimal places.) Assume the number of shares issued and outstanding did not change during the year. Select the formula and then enter the amounts to calculate earnings per share (EPS). (Abbreviations used: WA = weighted-average; CS = common shares. Round EPS to two decimal places, X.XX.) EPS Data table Preferred stock, $60 par value, 5%, 13,000 shares issued Common stock, $1.75 par, 900,000 shares issued Treasury stock, common, 60,000 shares at cost $ 780,000 1,575,000 360,000 Print Done -
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