Compute 2022 Basic EPS given the following data: 2022 $25,000,000 $15,000,000 $10,000,000 Total Assets Total Liabilities Total Stockholders' Equity Common Stock; $1 par value; 100,000 shares issued and outstanding 12/31/2021 & 12/31/2022 Preferred Stock; $100 par value; 500 shares issued and outstanding 12/31/2021 & 12/31/2022 Preferred Dividends Common Dividends Net Income (Consolidated) Non-Controlling Interest in Income O $8.90 per share O $8.10 per share $9 per share $10 per share $100,000 $50,000 $10,000 $40,000 $1,000,000 $90,000 2021 $24,000,000 $14,500,000 $9,500,000 $100,000 $50,000 $10,000 $30,000 $950,000 $95,000
Compute 2022 Basic EPS given the following data: 2022 $25,000,000 $15,000,000 $10,000,000 Total Assets Total Liabilities Total Stockholders' Equity Common Stock; $1 par value; 100,000 shares issued and outstanding 12/31/2021 & 12/31/2022 Preferred Stock; $100 par value; 500 shares issued and outstanding 12/31/2021 & 12/31/2022 Preferred Dividends Common Dividends Net Income (Consolidated) Non-Controlling Interest in Income O $8.90 per share O $8.10 per share $9 per share $10 per share $100,000 $50,000 $10,000 $40,000 $1,000,000 $90,000 2021 $24,000,000 $14,500,000 $9,500,000 $100,000 $50,000 $10,000 $30,000 $950,000 $95,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Compute 2022 Basic EPS given the following data:
2022
$25,000,000
$15,000,000
$10,000,000
Total Assets
Total Liabilities.
Total Stockholders' Equity
Common Stock; $1 par value;
100,000 shares issued and
outstanding 12/31/2021 &
12/31/2022
Preferred Stock; $100 par
value; 500 shares issued and
outstanding 12/31/2021 &
12/31/2022
Preferred Dividends
Common Dividends
Net Income (Consolidated)
Non-Controlling Interest in
Income
$8.90 per share
$8.10 per share
O $9 per share
O $10 per share
$100,000
$50,000
$10,000
$40,000
$1,000,000
$90,000
2021
$24,000,000
$14,500,000
$9,500,000
$100,000
$50,000
$10,000
$30,000
$950,000
$95,000
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