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On December 31, 2017, Dow nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash of
On December 31, 2017, Dow nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash of $410,000 and $70,000 to common and preferred shareholders. respectively, on December 15. 2018 Steel Corporation had 610,000 shares of common stock and 31,000 shares of 9%, noncumulative. dividends On February 28, 2018, Dow retired on July 1. Dow's net income for the year ended December 31, 2018, was $2150000 The income tax rate is 40% sold 63,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were Required Compute Dow's earnings per share for the year ended December 31, 2018. (Do not round intermediate calculations. Enter your answers in thousands.) Numerator Denominator Earnings por shar
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