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Marin Corporation had 2020 net income of $1,017,000. During 2020, Marin paid a dividend of $2 per share on 244,500 shares of preferred stock. During
Marin Corporation had 2020 net income of $1,017,000. During 2020, Marin paid a dividend of $2 per share on 244,500 shares of preferred stock. During 2020, Marin had outstanding 176,000 shares of common stock Compute Marin's 2020 earnings per share. (Round answer to 2 decimal places, eg. 3.56.) Earnings per share $ per share Blue Corporation had 103,200 shares of stock outstanding on January 1, 2020. On May 1, 2020, Blue issued 63,600 shares. On July 1, Blue purchased 10,920 treasury shares, which were reissued on October 1. Compute Blue's weighted average number of shares outstanding for 2020. Weighted-average number of shares outstanding Novak Corporation reported net income of $338,000 in 2020 and had 54,200 shares of common stock outstanding throughout the year. Also outstanding all year were 5,400 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. Novak's tax rate is 30%. Compute Novak's 2020 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share $ $
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