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Martinez Rays Incorporated reported the following selected information: Weighted average number of common shares Net income Preferred share dividends Common shareholders' equity Dividends declared per
Martinez Rays Incorporated reported the following selected information: Weighted average number of common shares Net income Preferred share dividends Common shareholders' equity Dividends declared per share Market price per share (a) Basic earnings per share 2024 2024 73,900 $562,500 $57,300 $3,481,000 $2.90 $30.00 2023 $ 70,600 $485,000 $42,900 $3,581,000 Calculate basic earnings per share for 2024 and 2023. (Round answers to 2 decimal places, e.g. 52.75.) $2.1 $32.50 2023
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