At December 31, 2024, Shiga Naoya Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,500 shares $10,750,000 Common stock, $5 par, 4,000,000 shares 20,000,000 During 2025, Shiga Naoya did not issue any additional common stock. The following also occurred during 2025. Income from continuing operations before taxes $23,650,000 Discontinued operations (loss before taxes) 3,225,000 Preferred dividends declared 1,075,000 Common dividends declared 2,200,000 Effective tax rate 17% Compute earnings per share data as it should appear in the 2025 income statement of Shiga Naoya Corporation. (Round answers to 2 decimal plac

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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At December 31, 2024, Shiga Naoya Corporation had the following stock outstanding.

10% cumulative preferred stock, $100 par, 107,500 shares $10,750,000

Common stock, $5 par, 4,000,000 shares 20,000,000

During 2025, Shiga Naoya did not issue any additional common stock. The following also occurred during 2025.

Income from continuing operations before taxes $23,650,000

Discontinued operations (loss before taxes) 3,225,000

Preferred dividends declared 1,075,000

Common dividends declared 2,200,000

Effective tax rate 17%

Compute earnings per share data as it should appear in the 2025 income statement of Shiga Naoya Corporation. (Round answers to 2 decimal places, e.g. 1.48).

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