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Skysong Corporation had 2020 net income of $1,203,000. During 2020, Skysong paid a dividend of $2 per share on 110,300 shares of preferred stock.
Skysong Corporation had 2020 net income of $1,203,000. During 2020, Skysong paid a dividend of $2 per share on 110,300 shares of preferred stock. During 2020, Skysong had outstanding 307,000 shares of common stock. Compute Skysong's 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share $ per share
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
