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On June 1, 2023, Kingbird Company and Oriole Compary merged to form Waterway Inc. A total of 330,000 shares were bsued to complete the merger.
On June 1, 2023, Kingbird Company and Oriole Compary merged to form Waterway Inc. A total of 330,000 shares were bsued to complete the merger. The new corporation reports on a calendar year bask On April 1.2025, the company issued an additiona 643,000 shores of stock for cash. All 1.473,000 shares were outstanding on December 31.2025 of commonat ary interest date None of the bonds hwe been copverted to date. Waterway inc, b preparingits annual report foc the focal year ending December 31, 2025. The annuat report wilt show earnings per share figures based upona reported after taxnet income of 51.555 .000 . (The tax rate is 20\%) Determine the following for 2025 . a. The number of shares to be ined for calculatine. Round anawn w0 decimal ploces, es. 2,500) 1. Basic earnines pershare 2. belited earnines por Mtarm 1. Bascearnhes per share 2. Douted tamings per share
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