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Exercise 1 9 - 1 5 ( Static ) EPS; net loss; nonconvertible preferred stock; shares sold [ L 0 1 9 - 5 ,
Exercise Static EPS; net loss; nonconvertible preferred stock; shares sold L
At December Albrecht Corporation had outstanding shares of common stock and shares of $ par
value cumulative, nonconvertible preferred stock.
On May Albrecht sold for cash shares of its common stock.
No cash dividends were declared for
For the year ended December Albrecht reported a net loss of $
Required:
Calculate Albrecht's net loss per share for the year ended December
Note: Do not round intermediate calculations. Enter your answers in thousands ie should be entered as
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