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Carla Vista Inc., a publicly traded company, had 270,000 common shares outstanding on December 31,2022 . During 2023 , the company issued 6,000 shares on
Carla Vista Inc., a publicly traded company, had 270,000 common shares outstanding on December 31,2022 . During 2023 , the company issued 6,000 shares on May 1 and retired 15,000 shares on October 31. For 2023 , the company reported net income of $271,500 after a loss from discontinued operations of $40,725 (net of tax). (a) Your answer is correct. Calculate the weighted average number of common shares. Weighted average number of common shares shares eTextbook and Media Attempts: 2 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2 (b) Calculate earnings per share for 2023 as it should be reported to shareholders. (Round answers to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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