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Bramble inc. presented the following data. Netincome Preferred stock: 48,000 shares outstanding, $100 par, 8% cumulative, not convertible 4,800,000 Common stock: Shares outstanding 1/1 Issued

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Bramble inc. presented the following data. Netincome Preferred stock: 48,000 shares outstanding, $100 par, 8% cumulative, not convertible 4,800,000 Common stock: Shares outstanding 1/1 Issued for cash, 5/1 Acquired treasury stock for cash, 8/1 2 for- 1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e.z. 2.55.) Earnings pershare $

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