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Return to question 2 5 pos Check my work mode: This shows what is correct or incorrect for the work you have completed so far.
Return to question 2 5 pos Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. At December 31, 2023, Albrecht Corporation had outstanding 368,000 shares of common stock and 6,000 shares of 9.5%, $100 par value cumulative, nonconvertible preferred stock On May 31, 2024, Albrecht sold for cash 12,000 shares of its common stock. No cash dividends were declared for 2024. For the year ended December 31, 2024, Albrecht reported a net loss of $1,743,000. Required: Calculate Albrecht's net loss per share for the year ended December 31, 2024. Note: Do not round intermediate calculations. Enter your answers in thousands (ie, 10,000 should be entered as 10). Answer is complete but not entirely correct. Numerator Denominator Net Loss per Share (1,800,000) - 375,000 $ (4.80)
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