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Coronado Industries had 305000 shares of common stock issued and outstanding at December 31, 2020. During 2021, no additional common stock was issued. On January
Coronado Industries had 305000 shares of common stock issued and outstanding at December 31, 2020. During 2021, no additional common stock was issued. On January 1, 2021, Coronado issued 400000 shares of nonconvertible preferred stock. During 2021, Coronado declared and paid $170000 cash dividends on the common stock and $150000 on the nonconvertible preferred stock. Net income for the year ended December 31, 2021, was $964000. What should be Coronado's 2021 earnings per common share, rounded to the nearest penny? O $2.11 O $2.67 O $3.16 O $1.12 Bridgeport Corporation issues $430,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 58,971.) Issue price of the bonds $
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