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nformation from the financial statements of Ames Fabricators, Incorporated included the following: Ames's net income for the year ended December 3 1 , 2 0
nformation from the financial statements of Ames Fabricators, Incorporated included the following:
Ames's net income for the year ended December is $ The income tax rate is Ames paid dividends
of $ per share on its preferred stock during
Required:
Compute basic and diluted earnings per share for the year ended December
Note: Do not round intermediate calculations. Enter your answers in thousands ie should be entered as
numerator denominator EPS
Basic?
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