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On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $10,000 cash dividends on the preferred
On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $10,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $2,200,000. Required:
Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.)
Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common stock, $1 par Nonconvertible preferred stock, $50 par $ 820,000 10,000 On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $10,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $2,200,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.) Numerator 1 Denominator = Earnings per Share =
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