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Please follow formatting and answer all questions asked with proper calculations. On January I, 2023, Sunland Ltd. had 494000 common shares outstanding During 2023, it
Please follow formatting and answer all questions asked with proper calculations.
On January I, 2023, Sunland Ltd. had 494000 common shares outstanding During 2023, it had the following transactions that affected the common share account: Mar. I May I June I Oct I Issued 180,000 shares Issued a stock dividend Acquired 195000 common shares and reti red them Issued a 2-for-l stock split Issued 74,000 shares The compam/s year end is December 31 Determine the V%ighted average number of shares outstanding as at December 31, 2023. (Rourd mswetoOdim/ e.g. 5275.) Weighted average number of shares outstanding eTextbook and Media 1565600 shares Assume that Sunland earned net income Df $3, 164,460 during 2023. In addition. it had 110,000 of $100 par, non-convertible, nan-cumulative preferred shares outstandingfor the entire year. Because of liquidity limitations, h".vever, the company did not dLare and pay a preferred dividend in 2023 Calculate earnings per share for 2023, using the weighted average number of shares determined above. 2 places, e.g. 1525) Ear nings per share eTextbook and Media Assume that Sunland earned net income of $3, 14460 during 2023. In addition, it had 110,000 of 8%, $100 par, non-convertible, cumulative preferred shares outstanding for the entire year. Because of liquidity imitations, however, the company did not declare and pay a preferred dividend in 2023 Calculate earnings per share for 2023 using the weighted average number of shares determined abcn.'e. (Round 2 d"iml e. 1525.) Ear nings per share eTextbook and Media Assume that Sunland earned net income Df $3, 164,460 during 2023. In addition. it had 110,000 of $100 par, non-convertible, nan-cumulative preferred shares outstandingfor the entire year. Because of liquidity limitations, h".vever, the company did not dLare and pay a preferred dividend in 2023 Assume that net income included a loss from discontinued operations of $121, 710, net of applicable income tax. Calculate earnings per share for 2023. to 2 cinul plac e. 1525 n.ti "Keding eg. -45 e.g. (45)J Earnings per share Income from continuing operations Loss from disconti nued operations Net income
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