Current Attempt in Progress At December 31, 2023, Whispering Winds Corporation had the following shares outstanding: 9% cumulative preferred shares, 101,100 shares outstanding Common shares, 4,020,000 shares outstanding $10,110,000 20,100,000 During 2023, the corporation's only share transaction was the issuance of 420,000 common shares on April 1. During 2023, the following also occurred: Income from continuing operations before tax Discontinued operations (loss before tax) Preferred dividends declared Common dividends declared Effective tax rate $25,150,000 3,281,000 909,900 2,180,000 31% Calculate earnings per share information as it should appear in the financial statements of Whispering Winds for the year ended December 31, 2023. (Round per share answers to 2 decimal places, e.g. 52.75.) Earnings per Share

Current Attempt in Progress At December 31, 2023, Whispering Winds Corporation had the following shares outstanding: 9% cumulative preferred shares, 101,100 shares outstanding Common shares, 4,020,000 shares outstanding $10,110,000 20,100,000 During 2023, the corporation's only share transaction was the issuance of 420,000 common shares on April 1. During 2023, the following also occurred: Income from continuing operations before tax Discontinued operations (loss before tax) Preferred dividends declared Common dividends declared Effective tax rate $25,150,000 3,281,000 909,900 2,180,000 31% Calculate earnings per share information as it should appear in the financial statements of Whispering Winds for the year ended December 31, 2023. (Round per share answers to 2 decimal places, e.g. 52.75.) Earnings per Share

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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