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Hardaway Fixtures' balance sheet at December 31, 2017, included the following Shares issued and outstanding Common stock, $1 par Nonconvertible preferred stock, $5e par $
Hardaway Fixtures' balance sheet at December 31, 2017, included the following Shares issued and outstanding Common stock, $1 par Nonconvertible preferred stock, $5e par $ 940,000 15,000 On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $40,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $3,400,000. Required Compute Hardaway's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Answer is complete but not entirely correct. Earnings per Share Numerator Denominator 3,360,000 1,175,000 S 2.86
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