PART A

PART B

Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 2045 2016 Net income $1,341,000 $2,555,500 Preferred dividends $60,000 $60,000 Average number of common shares outstanding 70,000 shares 115,000 shares a. Determine the earnings per share for 2015 and 2016. Round to two decimal places. 2015 2016 Earnings per Share Windborn Company has 30,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: 20Y1 $180,000 20Y2 45,000 2013 270,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter 'o'. Preferred Stock (dividends per share) Common Stock (dividends per share) 20Y1 2012 20Y3