Compute Earnings per share. Romeo electic cars sold sold various electric cars for the year 2021 Reported net income= $2,500,000 During the year Romeo electric cars as per board approval declared and paid divider preferred stock amounting to 300,000. Its weighted average common shares outstar during the vear was close to 210.000 in common.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Compute Earnings per share.
Romeo electic cars sold sold various electric cars for the year 2021
Reported net income= $2,500,000
During the year Romeo electric cars as per board approval declared and paid dividend for
preferred stock amounting to 300,000. Its weighted average common shares outstanding
during the year was close to 210,000 in common.
Transcribed Image Text:Compute Earnings per share. Romeo electic cars sold sold various electric cars for the year 2021 Reported net income= $2,500,000 During the year Romeo electric cars as per board approval declared and paid dividend for preferred stock amounting to 300,000. Its weighted average common shares outstanding during the year was close to 210,000 in common.
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