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Question 13 2 pts A company had 20,000 shares outstanding on January 1. They issued 7,864 shares on May 31. And on August 31, 4,438
Question 13 2 pts A company had 20,000 shares outstanding on January 1. They issued 7,864 shares on May 31. And on August 31, 4,438 shares were purchased as treasury stock. Calculate the weighted average number of shares outstanding for the year to the nearest whole number. Question 14 2 pts The company earned net income of $247,576 and had 1,000 shares of $30 par 7% preferred shares of stock outstanding. Preferred stock dividends were paid. If the weighted average number of common shares was 233,229, state the earnings per share in decimal form rounded to the nearest two decimals. (For example, if the EPS was $1.16, then write 1.16 as your answer.)
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