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Question 22 Coronado Industries had 609000 shares of common stock outstanding on January 1, issued 902000 shares on July 1, and had income applicable to

Question 22

Coronado Industries had 609000 shares of common stock outstanding on January 1, issued 902000 shares on July 1, and had income applicable to common stock of $2941000 for the year ending December 31, 2021. Earnings per share of common stock for 2021 would be

$2.77.

$4.83.

$3.27.

$2.30.

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