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Carla Company had 190,800 shares of common stock outstanding on December 31, 2021. During the year 2022, the company issued 8,000 shares on May 1
Carla Company had 190,800 shares of common stock outstanding on December 31, 2021. During the year 2022, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2022, Carla Company reported net income of $274,100 after a loss from discontinued operations of $40,400 (net of tax). What earnings per share data should be reported at the bottom of its income statement? (Round answers to 2 decimal places, e.g. $2.55.)
Carla Company Income Statement For the Year Ended December 31, 2022 | ||
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