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The company earned net income of $441,728 and had 1,000 shares of $50 par 8% preferred shares of stock outstanding. Preferred stock dividends were paid.
The company earned net income of $441,728 and had 1,000 shares of $50 par 8% preferred shares of stock outstanding. Preferred stock dividends were paid. If the weighted average number of common shares was 75,285, state the earnings per share in decimal form rounded to the nearest two decimals. (For example, if the EPS was $1.16, then write 1.16 as your answer.) 1 D Question 12 2 pts Assume that sales in year 2020 was 145,829 and sales in year 2021 was 288,955. State the percentage increase of sales in DECIMAL FORM to the nearest two decimal places. (Example, if sales increased 70%, write your answer as 70 and do not write the % sign in your
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