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Current Attempt in Progress At December 31, 2021, Sheridan SE had the following shares outstanding. 8% cumulative preferred stock, 100 par, 98,000 shares 9,800,000
Current Attempt in Progress At December 31, 2021, Sheridan SE had the following shares outstanding. 8% cumulative preferred stock, 100 par, 98,000 shares 9,800,000 Ordinary shares, 5 par, 3,680,000 shares 18,400,000 During 2022, Sheridan did not issue any additional shares. The following also occurred during 2022 Income before income tax 19,918,000 Discontinued operations (loss before taxes) 2,970,000 Preference dividends declared Ordinary dividends declared Effective tax rate 790,000 2,024,000 30 % Compute earnings per share data as it should appear in the 2022 income statement of Sheridan SE. (Round answers to 2 decimal places, eg. 1.48.) Earnings Per Share D
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