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Northlake Limited reports profit of $345,000 and its weighted average number of common shares is 165,000. Northlake also has 16,000, $2.50 preferred shares. Calculate earnings

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Northlake Limited reports profit of $345,000 and its weighted average number of common shares is 165,000. Northlake also has 16,000, $2.50 preferred shares. Calculate earnings per share under each of the following independent assumptions: Your answer is correct Calculate earnings per share, if preferred shares are cumulative and the dividend was paid. (Round answer to 2 decimal places, 0.g. 52.75.) dy Earnings per share 1.85 LINK TO TEXT x Your answer is incorrect. Try again. PRIVIN Ex Your answer is incorrect. Try again. Calculate earnings per share, preferred shares are cumulative and the dividend was not paid. (Round answer to 2 decimal places, e.g. 52.75.) Earnings per share 1.68 LINK TO TEXT x Your answer is incorrect. Try again. Calculate earnings per share, preferred shares are noncumulative and the dividend was paid. (Round answer to 2 decimal places, e.g. 52.75.) Earnings per share 1.68

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