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Part 3: Computing Earnings Per Share. 12 points Ancient One Corp has its first offering of 52,000,000 common shares (its initial public offering or IPO)
Part 3: Computing Earnings Per Share. 12 points Ancient One Corp has its first offering of 52,000,000 common shares (its initial public offering or IPO) on January 1, 2022. On April 1, it issues another 12,000,000 common shares. Net income for 2021 is $330,000,000. Preferred dividends are $20,000,000. Required: Compute Ancient One Corp's Earnings Per Share (EPS) for 2022. Record in your Solution BOX this number: EPS, for example $92.71
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