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please help me im really confused about this one The stockholders' equity section of Sosa Corporation appears below as of December 31, 2012. Net income
please help me im really confused about this one
The stockholders' equity section of Sosa Corporation appears below as of December 31, 2012. Net income for 2012 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of 512,531,000 (before tax) as a result of a major casualty, which should be classified as an extraordinary item. Preferred stock dividends of S276,588 were declared and paid in 2012. Dividends of SI,270,000 were declared and paid to common stockholders in 2012. Compute earnings per share data as it should appear on the income statement of Sosa Corporation. (Round earnings per share to 2 decimal places, e.g. $1.48.) The stockholders' equity section of Sosa Corporation appears below as of December 31, 2012. Net income for 2012 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of 512,531,000 (before tax) as a result of a major casualty, which should be classified as an extraordinary item. Preferred stock dividends of S276,588 were declared and paid in 2012. Dividends of SI,270,000 were declared and paid to common stockholders in 2012. Compute earnings per share data as it should appear on the income statement of Sosa Corporation. (Round earnings per share to 2 decimal places, e.g. $1.48.)Step by Step Solution
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