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Sunland Inc., a publicly traded company, had 285.000 common shares outstanding on December 31.2019. During 2020, the company issued 6,000 shares on May 1 and
Sunland Inc., a publicly traded company, had 285.000 common shares outstanding on December 31.2019. During 2020, the company issued 6,000 shares on May 1 and retired 15,000 shares on October 31. For 2020, the company reported net income of $162.960 after a loss from discontinued operations of $42.000 (net of tax) Your answer is partially correct. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, eg. 15.25) Earnings per share Income per share before discontinued operations $ Discontinued operations loss per share, net of tax $ Net income per share eTextbook and Media 0.15 0.74 059 Question 2 of 8 x Your answer is incorrect. 0.44/11 E Assume that Sunland Inc. issued a 3-for-1 stock split on January 31, 2021 and that the company's financial statements for the year ended December 31, 2020 were issued on February 15, 2021. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, eg 15.25) Income per share before discontinued operations Discontinued operations loss per share, net of tax Net income per share 5 $ eTextbook and Media Earnings per share
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