Earnings Per Share Financial statement data for the years ended December 31 for Cottontop Corporation follow: Net income Preferred dividends Average number of common shares outstanding 20Y3 $1,411,000 $215,000 20Y2 $1,212,750 $215,000 80,000 shares 65,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $ 20Y2 $ per share per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or unfavorable trend?

Earnings Per Share Financial statement data for the years ended December 31 for Cottontop Corporation follow: 20Y3 20Y2 Net income Preferred dividends Average number of common shares outstanding 95,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two dectmal places. per share 20Y2 per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or unfavorable trend?

Dividends Per Share Seacrest Company has 25,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends: Year 1 $50,000 Year 2 20,000 Year 3 75,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.   Year 1 Year 2 Year 3 Preferred stock (Dividends per share) $ $ $ Common stock (Dividends per share) $ $ $

Rendivir Company had the following transactions during the year: January 1 Ordinary shares outstanding 200,000 March 1 Isued a 20% share dividend 30,000 May 1 Issued ordinary shares 40,000 September 1 Treasury shares purchased 10,000 November 1 Issued 3 for 1 share split What is the weighted average number of shares outstanding?

Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:   20Y5 20Y6 Net income $1,761,000   $2,532,500   Preferred dividends $60,000   $60,000   Average number of common shares outstanding 90,000 shares 115,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places.   20Y5 20Y6 Earnings per Share $fill in the blank 1   $fill in the blank 2   b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable? fill in the blank

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Financial statement data for the years ended December 31 for Cottontop Corporation follow:   20Y3 20Y2 Net income $957,250   $832,250   Preferred dividends $146,000   $146,000   Average number of common shares outstanding 55,000 shares  45,000 shares  a.  Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 $fill in the blank 1 per share 20Y2 $fill in the blank 2 per share b.  Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or unfavorable trend?Unfavorable

Dividends per share Zero Calories Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 200,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year Amount 20Y1 $30,000 20Y2 8,000 20Y3 110,000 Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter '0'. Round all answers to two decimal places.

Earnings Per Share Calculati ons Informatlon Provlded: Common Shares Balance at the beginning of the ye ar On July 1, the company sold an additional 5,000,000 shares 8,000,000 shares Each share sold for $3.00 and had a par value of $ 0.10 Preferrred Shares Beginning of the Year End of the Year 50,000 150,000 Dividends pald to Preferred Shareholders Dividends pald to Common Sharehol ders 650, 000 1,000, 000 Ex ce pt from Income Statement Income from Continuing Operations 22,000, 000 Income from Discontinued Ope rations (aftertaxImpact) 2,100, 000 Net Income 24,100, 000 Requlred: Based on the Information provided above: 1 Prepare the Joumal entry to record the July 1 sale of shares 2 Calculate the welghted average common shares outstandi ng 3 Calculate e arnings pershare (as required). Note: Show your detal led calaulatlons.

Dividends Per Share Windborn Company has 30,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 18,000 135,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. 20Y3 20Y1 20Y2 20Y3 $112,500 Preferred Stock (dividends per share) G LA Common Stock (dividends per share) U S