Question
Bramble Corporation had a 2020 net income of $1,234,000. During 2020, Bramble paid a dividend of $2 per share on 204,200 shares of preferred stock.
Bramble Corporation had a 2020 net income of $1,234,000. During 2020, Bramble paid a dividend of $2 per share on 204,200 shares of preferred stock. During 2020, Bramble had outstanding 258,000 shares of common stock.
Compute Bramble's 2020 earnings per share. (Round answers to two decimal places)
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Intermediate Accounting Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian Edition
1119497043, 978-1119497042
