In 2022, Sheffield Corporation reported net income of $ 1,141.200. It declared and paid preference dividends of $ 262,964. During 2022, Sheffield had a weighted average of 194,300 ordinary shares outstanding. Compute Sheffield's 2022 earnings per share. (Round earnings per share to 2 decimal places, eg 1.48.) Sheffield's 2022 earnings per share %24

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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In 2022, Sheffield Corporation reported net income of $ 1,141,200. It declared and paid preference dividends of $ 262,964. During
2022, Sheffield had a weighted average of 194,300 ordinary shares outstanding. Compute Sheffield's 2022 earnings per share. (Round
earnings per share to 2 decimal places, e.g. 1.48.)
Sheffield's 2022 earnings per share
$4
Transcribed Image Text:In 2022, Sheffield Corporation reported net income of $ 1,141,200. It declared and paid preference dividends of $ 262,964. During 2022, Sheffield had a weighted average of 194,300 ordinary shares outstanding. Compute Sheffield's 2022 earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.48.) Sheffield's 2022 earnings per share $4
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