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Burns Company reported $976.925 million in net income in 2021. On January 1, 2021, the company had 405 million shares of common stock outstanding. On
Burns Company reported $976.925 million in net income in 2021. On January 1, 2021, the company had 405 million shares of common stock outstanding. On March 1, 2021, 270 million new shares of common stock were sold for cash. On June 1, 2021, the company's common stock split 2 for 1 On July 1, 2021. 110 million shares were reacquired as treasury stock, Required: Compute Burns' basic earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.) Earnings per share ces Prey 1 of 3 !! Next >
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