In 2022, Santiago Castillo Limited reported a discontinued operations loss of $2,750,000, net of tax. It declared and paid preferred stock dividends of $265,700 and common stock dividends of $492,650. During 2022, had a weighted average of $500,000 common shares outstanding. As a result of the discontinued operations loss, net of tax, the earning per share would decrease by Question 44 Answer a. $4.51 b. $4.97 c. $3.98 d. $5.50 Clear my choice

In 2022, Santiago Castillo Limited reported a discontinued operations loss of $2,750,000, net of tax. It declared and paid preferred stock dividends of $265,700 and common stock dividends of $492,650. During 2022, had a weighted average of $500,000 common shares outstanding. As a result of the discontinued operations loss, net of tax, the earning per share would decrease by Question 44 Answer a. $4.51 b. $4.97 c. $3.98 d. $5.50 Clear my choice

Name: In 2022, Santiago Castillo Limited reported a discontinued operations
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Description: In 2022, Santiago Castillo Limited reported a discontinued operations loss of$2,750,000, net of tax. It declared and paid preferred stock dividends of $265,700 andcommon stock dividends of $492,650. During 2022, had a weighted average of$500,000 com

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 8RE

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