At December 31, 2025 and 2024, Oriole Corp, had 171000 shares of common stock and 12000 shares of 7%, $100 par valuecumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2025 or 2024, Netincome for 2025 was $441390. For 2025, earnings per common share is$1.61O $2.09.O $1.80.O $2.57.

$2.09Earning per share = Net income - preferred dividends/Weighted average number of common shares…

Answered: At December 31, 2025 and 2024, Oriole…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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