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Oa January 1, 2026. Wild hotie Corp lud 474,000 stares of commen stock outstanding During 2026, it had the following (a) Vour anwweriscormect. Determine the

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Oa January 1, 2026. Wild hotie Corp lud 474,000 stares of commen stock outstanding During 2026, it had the following (a) Vour anwweriscormect. Determine the welghted average number of shares outstanding as of December 31,2026. The weighted average number of ahares outstanding Ascume that Wildhocse Corp, earned net income of 53,346,000 during 2026, In addition, it had 100,000 shares af 9%,5100 par honcorwertible, noncimulative preterred stock outstanding for the entire year, Because of llquldity considerations, however, the compary did not dechare and pay a preferred dividend in 2026. Compute earnings per share for 2026 , using the weighted-iverage number of shares determined in part (a). (Round onswer to 2 decimal places, eg. 2.55. eTcxtbook and Modia Attempts: 2 of 3 used (c) Assume the same facts as in part (b), exept that the preferred stock was cumulative. Compote earnings per share for 2026. (Round ansoer to 2 decimal places, es 2.55.) Eamtnes pershare

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