Question
In 2017, Carla Corporation reported net income of $1,196,600. It declared and paid preferred stock dividends of $278,200. During 2017, Carla had a weighted average
In 2017, Carla Corporation reported net income of $1,196,600. It declared and paid preferred stock dividends of $278,200. During 2017, Carla had a weighted average of 197,000 common shares outstanding. Compute Carlas 2017 earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.48.)
| Carlas 2017 earnings per share |
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The Auditor An Instructional Novella
Authors: James K. Loebbecke
1st Edition
0130799769, 978-0130799760
