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Sage presented the following data. Net income $5,912,000 Bonds: 10%, $689,000 par value 678,200 Preferred stock: 95,000 shares outstanding, $100 par, 8% cumulative, not convertible
Sage presented the following data. Net income $5,912,000 Bonds: 10%, $689,000 par value 678,200 Preferred stock: 95,000 shares outstanding, $100 par, 8% cumulative, not convertible 9,500,000 Common stock: Shares outstanding 1/1 495,000 Issued for cash, 4/1 853,000 Issued 40% stock dividend, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $enter earnings per share in dollars rounded to 2 decimal places Attem
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