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Read the resements Requirement 1. Compute Chapman Company's earnings per share for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to
Read the resements Requirement 1. Compute Chapman Company's earnings per share for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to the nearest cent Select the formula then enter the amounts to calculate the company's earings per share for 2018. (Abbreviations usedAve. - average, OS = outstanding. SE = stockholders' equity Net income Preferred dividends Ave common shrs OS Earnings per share 13.100 3100 30.000 Data Table i Data Table 2018 2017 Income Statement-partial: $ Net Income 13,100 $ 15,000 Dec. 31, 2018 Dec. 31, 2017 Balance Sheet-partial: CA Total Assets 245,000 $ 240.000 $ 52.000 $ 52.000 90.000 90.000 Paid-in Capital: Preferred Stock-596. $13 Par Value: 45,000 shares authorized. 4,000 shares issued and outstanding Common Stock-$3 Par Value: 70.000 shares authorized: 30.000 shares issued and outstanding Paid-in Capital in Excess of Par-Common Retained Earnings Total Stockholders' Equity 25.000 52 500 25,000 42.000 $ 219.500 5 209.000 Print Done
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