A company reports the following at its December 31 fiscal


A company reports the following at its December 31 fiscal year-end:

Net income ………………………………………….$1,830,000

Preferred dividends …………………………………$ 50,000

Number of common shares outstanding ……………. 19,680

a. Determine the weighted average number of shares, given that 9,000 shares were repurchased on March 1.

b. Determine the company’s earnings per share, rounding to two decimal places.

A company reports the following at its December 31 fiscal


What Students Are Saying About Us

.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐
"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"

.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."


"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"


0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *