Question
Kingbird Corporation had 2025 net income of $1,066,000. During 2025, Kingbird paid a dividend of $2 per share on 36,350 shares of preferred stock.
Kingbird Corporation had 2025 net income of $1,066,000. During 2025, Kingbird paid a dividend of $2 per share on 36,350 shares of preferred stock. During 2025, Kingbird had outstanding 301,000 shares of common stock. Compute Kingbird's 2025 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share $ per share
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
