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Q.2 Net Income Preferred Stocks, 5% 2010 154.800 10,000 Shares transactions January 1.2010 (Beginning) April 1. 2010 Shares issued July 1. 2010 Purchased Treasury shares

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Q.2 Net Income Preferred Stocks, 5% 2010 154.800 10,000 Shares transactions January 1.2010 (Beginning) April 1. 2010 Shares issued July 1. 2010 Purchased Treasury shares Sept 30. 2010 Shares issued November 1.2010 Stock Dividend 10% issued Dec 31.2010 Shares issued a. Compute: Earnings per Share 30,000 10,000 5,000 7.000 2,000

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