During 2018, angel corporation had 900,000 shares of common stock and 50,000 shares of 6% preferred stock outstanding. the preferred stock does not have cumulative or convertible features. angel declared and paid cash dividends of $300,000 and $150,000 to common and preferred shareholders, respectively, during 2018. on january 1, 2017, angel issued $2,000,000 of convertible 5% bonds at face value. each $1,000 bond is convertible into five common shares. angel's net income for the year ended december 31, 2018, was $6 million. the income tax rate is 20%. what is angel's basic earnings per share for 2018, rounded to the nearest cent?

Problem 8-6 cullumber company is a multi product firm. presented below is information concerning one of its products, the hawkeye. date transaction quantity price/cost 1/1 beginning inventory 2,700 $17 2/4 purchase 3,700 26 2/20 sale 4,200 43 4/2 purchase 4,700 33 11/4 sale 3,900 47 calculate average-cost per unit. (round answer to 4 decimal places, e.g. 2.7613.) average-cost per unit $ link to text compute cost of goods sold, assuming cullumber uses: (round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.) cost of goods sold (a) periodic system, fifo cost flow $ (b) perpetual system, fifo cost flow $ (c) periodic system, lifo cost flow $ (d) perpetual system, lifo cost flow $ (e) periodic system, weighted-average cost flow $ (f) perpetual system, moving-average cost flow $ click if you would like to show work for this question: open show work