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Shown below is information relating to operations of Hamilton, Inc. for the current year: $ 13,500,000 7,534,000 Continuing operations: Net sales.. Costs and expenses (including
Shown below is information relating to operations of Hamilton, Inc. for the current year: $ 13,500,000 7,534,000 Continuing operations: Net sales.. Costs and expenses (including income taxes). Other data: Current year loss generated by segment of the business discontinued in May (net of income tax benefit). Gain on sale of the discontinued segment (net of income tax) Extraordinary loss (net of income tax benefit). Total cash dividends.... 252,000 130,000 97,000 1.441.500 Hamilton, Inc. has 100,000 shares of a single class of common stock outstanding throughout the year. The company has 10,000 shares of preferred stock which receive $4.15 as dividend. Instructions: 1. Prepare the condensed income statement for Hamilton, Inc. Include a proper format and heading. (15 points) 2. Indicate the earnings per share figures (EPS) for each of the concepts. (5 points) 3. What is the amount of the cash dividend per share distributed by Hamilton to the common stockholders? (5 points)
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