Question
on january 1 2024 jaewoo industries had outstanding 680000 common shares (1$par)that originally sold for 20$ per share and 4,000 shares of 10% cumulative preferred
on january 1 2024 jaewoo industries had outstanding 680000 common shares (1$par)that originally sold for 20$ per share and 4,000 shares of 10% cumulative preferred stock (100$ par),convertible into 40,000 common shares. On october first two thousand twenty four j wolf sold and issued an additional twenty thousand shares of common stock at thirty five dollars At December 31st 2020 four, there were 21000 incentive stock options. Outstanding issued in two thousand twenty three and exercisable after one year for twenty one thousand shares of common stock at an exercise price of thirty two dollars per year The market price of common stock at year end was $50 During the year the price of common shares had average forty two dollars Net income was eight hundred and twenty thousand the tax rate for the year was twenty five percent
[required] Compute basic and deleted EPS for the year ended December 31st 2024. No, do not round intermediate calculations except for per share. Amounts enter your answers and thousands.
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