Business, 17.04.2020 05:06 datgamer13

Junkyard Arts, Inc., had earnings of $290,400 for the year. The company had 52,000 shares of common stock outstanding during the year and issued 2,500 shares of $100 par value preferred stock. The preferred stock has a dividend of $8 per share. There were no transactions in either common or preferred stock during the year. Determine the basic earnings per share for Junkyard Arts for the year

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Junkyard Arts, Inc., had earnings of $290,400 for the year. The company had 52,000 shares of common...

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