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Exercise 4-10 The stockholders' equity section of Hendly Corporation appears below as of December 31, 2020 8% preferred stock, $50 par value, authorized 100,000 shares,
Exercise 4-10 The stockholders' equity section of Hendly Corporation appears below as of December 31, 2020 8% preferred stock, $50 par value, authorized 100,000 shares, outstanding 10,000 shares $4,500,000 Common stock, $1.00 pas, authorized and issued 10,000,000 shares 10,000,000 Additional paid in capital 20,500.000 Retained earnings 5134,000,000 Net income 33 000 000 162,000,000 1202.000.000 Net income for 2020 reflects a total effective tax rate of 20%. Included in the net income figures a loss of $18,000,000 (before tax) as a result of a non recun $360,000 were declared and paid in 2020. Dividends of $1,000,000 were declared and paid to common stockholders in 2020 decimal places 1.48.) Compute earnings per share data as it should appear on the income statement of Hendly Corporation (Round answers to Earnings Per Share Net Income / (Loss) c Prele Click if you would like to show Work for this questions Open Show Work
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