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need a solution, please Question 2 15 points) Yu Inc had 72.000 common shares and 3 000 cumulative preferred shares outstanding on December 31, 2020
need a solution, please
Question 2 15 points) Yu Inc had 72.000 common shares and 3 000 cumulative preferred shares outstanding on December 31, 2020 Yu Ind reported profit of 5536.000 for 2021 and declared preferred dividends of $30,000 The following changes in common shares outstanding occurred during 2021 February 1 Aprint October 1 issued 5.000 common shares Reacquired 14,000 common shares Issued 10.000 common shares Required: 1. Calculate the weighted average number of common shares outstanding during 2021 2. Calculate the earnings per share for 2021 show your calculations found to two decimats) B TV Answer Question 1 WLETT PACKARDStep by Step Solution
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