Homework: Chapter 13 Homework: EF13-26, EF13-27, EF13-30, EF Question 4, EF13-37 (si... Part 1 of 2 HW Score: 0%, 0 of 15 points Points: 0 of 2 Save Jetty Corp. earned net income of $153,480 and paid the minimum dividend to preferred stockholders for 2024. Assume that there are no changes in common shares outstanding during 2024. Jetty's books include the following figures: (Click the icon to view the figures.) Read the requirements. Requirement 1. Compute Jetty's EPS for the year. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Enter the earnings per share to the nearest cent.) = Earnings per share X Data table Requirements 40,000 Preferred Stock-5%, $40 par value; 2,000 shares authorized, 1,000 shares issued and outstanding Common Stock-$10 par value; 100,000 shares authorized, 56,000 shares issued, 54,100 shares outstanding Paid In Capi in Excess of ParCommon Treasury Stock-Common; 1,900 shares at cost 1. Compute Jetty's EPS (Earnings Per Share) for the year. 2. Assume Jetty's market price of a share of common stock is $7 per share. Compute Jetty's pricelearnings ratio. 560,000 490,000 (38,000) Print Done Print Done Help me solve this Demodocs example Get more help Clear all Check