At December 31, 2019, MarigoldCorporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 109,415 shares   $10,941,500 Common stock, $5 par, 4,029,120 shares   20,145,600 During 2020, Marigold did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes   $22,864,700   Discontinued operations (loss before taxes)   $3,429,100   Preferred dividends declared   $1,094,150   Common dividends declared   $2,185,000   Effective tax rate   35 % Compute earnings per share data as it should appear in the 2020 income statement of Marigold Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share     select an item                                                              $enter a dollar amount select an item                                                              enter a dollar amount select a closing name                                                              $enter a total amount

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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At December 31, 2019, MarigoldCorporation had the following stock outstanding.

10% cumulative preferred stock, $100 par, 109,415 shares   $10,941,500
Common stock, $5 par, 4,029,120 shares   20,145,600


During 2020, Marigold did not issue any additional common stock. The following also occurred during 2020.

Income from continuing operations before taxes   $22,864,700  
Discontinued operations (loss before taxes)   $3,429,100  
Preferred dividends declared   $1,094,150  
Common dividends declared   $2,185,000  
Effective tax rate   35 %


Compute earnings per share data as it should appear in the 2020 income statement of Marigold Corporation. (Round answers to 2 decimal places, e.g. 1.48.)

Earnings Per Share
   
select an item                                                           
 
$enter a dollar amount
select an item                                                           
 
enter a dollar amount
select a closing name                                                           
 
$enter a total amount
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