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solve for part C thank you ! Assume that Cuffumber Corp, earned net income of $3,619,000 during 2026. In addition, it had 103,000 shares of
solve for part C thank you !
Assume that Cuffumber Corp, earned net income of $3,619,000 during 2026. In addition, it had 103,000 shares of 9%,5100 par nenconvertible, noncumulative pesferred stock outstanding for the entire year. Bocause of liquidity considerations, however, the company did not deciare and pay a preferred dividend in 2026. Compute earnings per share for 2026, using the weighted-average number of shares determined in part (a). (Round enpwer to 2 deximal ploces, es. 2.55) Earnings per share eTextbook and Media Attempts: 3 of 5 used (c) Assume the same facts as in part ible except that the preferred stock wascumulative. Compute carnings per share for 2026 . Flound anower to 2 docimol placet, es. 2.55) Eaminer per share eTextbook and Media Attempts 1 of 5 uted (a) 6 vort antwer asincorrect Earnings perishure Current Attempt in Progress On Jamuary 1,2026, Cullumber Corp, had 491.000 shares of common stock outstanding. During 2026, it had the following transactions that Affected the common stock account. (a) Your anwer is eorrect. Determine the weighted-average number of shares outstanding as of December 31, 2026. The weighted-awerage number of shares outstanding Step by Step Solution
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