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Question 4 At December 31, 2016, Windsor Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,510 shares Common stock, $5 par,
Question 4 At December 31, 2016, Windsor Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,510 shares Common stock, $5 par, 4,040,000 shares $10,851,000 20,200,000 During 2017, Windsor did not issue any additional common stock. The following also occurred during 2017. Income from continuing operations before taxes Discontinued operations(loss before taxes) Preferred dividends declared Common dividends declared Effective tax rate $22,650,000 $3,225,000 1,085,100 $2,470,000 35 % Compute earnings per share data as it should appear in the 2017 income statement of Windsor Corporation. (Round answers to 2 decimal places, eg. 1.48.) Earnings Per Share
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