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Carla Vista Corporation had 114,000 common shares outstanding on December 31, 2019. During 2020, the company issued shares on March 1, retired 6,600 shares on
Carla Vista Corporation had 114,000 common shares outstanding on December 31, 2019. During 2020, the company issued shares on March 1, retired 6,600 shares on July 1, issued a 20% stock dividend on October 1, and issued 20,400 shares on December 1. For 2020, the company reported net income of $456,000 after a loss from discontinued operations of $65,200 tax). The company issued a 2-for-1 stock split on February 1, 2021, and the company's financial statements for the year ended December 31, 2020, were issued on February 28, 2021. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.75.) Earnings per share $ Income per share before discontinued operations $ 1.76 Discontinued operations loss per share, net of tax $ $ 0.22 Net income per share $ $ 1.54 At the end of 2020, Wildhorse Inc. has outstanding 1.95 million common shares and 80,400 preferred shares. On April 1, 2020, Wildhorse Inc. issued 1.00 million common shares for $6 per share to help finance the loss. Calculate the earnings per share on common shares for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share Income before loss from discontinued operations $ Loss from discontinued operations, net of tax $ Net income $ Assume that Wildhorse Inc. issued a 18% stock dividend on September 1, 2020. Calculate the earnings per share on common shares for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share Income before loss from discontinued operations $ Loss from discontinued operations, net of tax $ $ $ $ Net income Carla Vista Corporation had 114,000 common shares outstanding on December 31, 2019. During 2020, the company issued shares on March 1, retired 6,600 shares on July 1, issued a 20% stock dividend on October 1, and issued 20,400 shares on December 1. For 2020, the company reported net income of $456,000 after a loss from discontinued operations of $65,200 tax). The company issued a 2-for-1 stock split on February 1, 2021, and the company's financial statements for the year ended December 31, 2020, were issued on February 28, 2021. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.75.) Earnings per share $ Income per share before discontinued operations $ 1.76 Discontinued operations loss per share, net of tax $ $ 0.22 Net income per share $ $ 1.54 At the end of 2020, Wildhorse Inc. has outstanding 1.95 million common shares and 80,400 preferred shares. On April 1, 2020, Wildhorse Inc. issued 1.00 million common shares for $6 per share to help finance the loss. Calculate the earnings per share on common shares for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share Income before loss from discontinued operations $ Loss from discontinued operations, net of tax $ Net income $ Assume that Wildhorse Inc. issued a 18% stock dividend on September 1, 2020. Calculate the earnings per share on common shares for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share Income before loss from discontinued operations $ Loss from discontinued operations, net of tax $ $ $ $ Net income
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