blossom inc. a publicly traded company had 210000 common shares outstanding on december 31 2022. during 2023 the company issued 6000 shares on may 1 retired 9000 shares on october 31. for 2023 the company reported net income of 28500 after a loss from discontinued operations of $42500 (net of tax) calculate the weighted number of common shares calculate earnings per share for 2023 as it should be reported to shareholders Earnings per Share Income per share before discontinued operations discontinued operations loss per share, net of tax net income per share Assume that blossom issued a 3 3 for stock split on January 31, 2024 and that the company's financial statement for the year ended December 31, 2023 were issued on February 15 2024 calculate earnings per share for 2023 as it should be reported to shareholders. Earnings per share Income per share before discontinued operations discontinued operations per share net of tax net income for share

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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blossom inc. a publicly traded company had 210000 common shares outstanding on december 31 2022. during 2023 the company issued 6000 shares on may 1 retired 9000 shares on october 31. for 2023 the company reported net income of 28500 after a loss from discontinued operations of $42500 (net of tax) calculate the weighted number of common shares calculate earnings per share for 2023 as it should be reported to shareholders Earnings per Share Income per share before discontinued operations discontinued operations loss per share, net of tax net income per share Assume that blossom issued a 3 3 for stock split on January 31, 2024 and that the company's financial statement for the year ended December 31, 2023 were issued on February 15 2024 calculate earnings per share for 2023 as it should be reported to shareholders. Earnings per share Income per share before discontinued operations discontinued operations per share net of tax net income for share 

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