Suppose the following information is available for Taylormade Company for the years 2025 and 2024. Net sales Net income (loss) Total assets Share information Common shares outstanding at year-end Preferred dividends There were 650,000 shares of common stock outstanding at the end of 2023. 2025: 2025 2024: $1,116,000 682,500 855,000 700,000 What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 12.25, 1.15 etc 0 2024 $1,122,200 630,000 838,000 600,000 0
Suppose the following information is available for Taylormade Company for the years 2025 and 2024. Net sales Net income (loss) Total assets Share information Common shares outstanding at year-end Preferred dividends There were 650,000 shares of common stock outstanding at the end of 2023. 2025: 2025 2024: $1,116,000 682,500 855,000 700,000 What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 12.25, 1.15 etc 0 2024 $1,122,200 630,000 838,000 600,000 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Suppose the following information is available for Taylormade Company for the years 2025 and 2024.
Net sales
Net income (loss)
Total assets
Share information
Common shares outstanding at year-end
Preferred dividends
There were 650,000 shares of common stock outstanding at the end of 2023.
2025:
2024:
2025
$
$1,116,000
682,500
855,000
What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 12.25, 1.15 etc
700,000
0
2024
$1,122,200
630,000
838,000
600,000
0
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