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Exercise 4-13 At December 31, 2016, Coronado Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,903 shares $10,890,300 Common stock, $5
Exercise 4-13 At December 31, 2016, Coronado Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,903 shares $10,890,300 Common stock, $5 par, 4,079,240 shares 20,396,200 During 2017, Coronado did not issue any additional common stock. The following also occurred during 2017. Income from continuing operations before taxes Discontinued operations (loss before taxes) Preferred dividends declared Common dividends declared Effective tax rate $23,214,400 $3,311,400 $1,089,030 $2,372,200 35 % Compute earnings per share data as it should appear in the 2017 income statement of Coronado Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share
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