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Oriole Inc., a publicly traded company, had 2 1 0 , 0 0 0 common shares outstanding on December 3 1 , 2 0 2

Oriole Inc., a publicly traded company, had 210,000 common shares outstanding on December 31,2022. During 2023, the company
issued 7,500 shares on May 1 and retired 15,000 shares on October 31. For 2023, the company reported net income of $170,000
after a loss from discontinued operations of $63,750(net of tax).
(a)
V Your answer is correct.
Calculate the weighted average number of common shares.
Weighted average number of common shares
212500
shares
e Textbook and Media
Attempts: 1 of 3 used
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(b).(b)
Calculate earnings per share for 2023 as it should be reported to shareholders. (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).)
Earnings per share
Income per share before discontinued operations
Discontinued operations loss per share, net of tax
Net income per share

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