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On January 1, 2023, Oriole Ltd. had 702,000 common shares outstanding. During 2023, it had the following transactions that affected the common share account: The
On January 1, 2023, Oriole Ltd. had 702,000 common shares outstanding. During 2023, it had the following transactions that affected the common share account: The company's year end is December 31. Determine the weighted average number of shares outstanding as at December 31, 2023. (Round answer to 0 decimal places, e.g. 5,275.) Weighted average number of shares outstanding shares Assume that Oriole earned net income of \\( \\$ 4,631,060 \\) during 2023. In addition, it had 100,000 of \7 par, non-convertible, cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2023. Calculate earnings per share for 2023 using the weighted average number of shares determined above. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share \\( \\quad \\$ \\) Assume that Oriole earned net income of \\( \\$ 4,631,060 \\) during 2023 . In addition, it had 100,000 of \7 par, non-convertible, non-cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2023 . Assume that net income included a loss from discontinued operations of \\( \\$ 243,740 \\), net of applicable income tax. Calculate earnings per share for 2023. (Round answers to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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