The income statement for Bramble Inc. shows income before income taxes $1736000, income tax expenses $831000, and net income $905000. If Bramble declared $364000 of cash dividends on preferred stock and has 270000 shares of common stock outstanding throughout the year, earnings per share is: Select answer from the options below $3.35 $2.00 $6.43 $1.10

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
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Problem 12RE: Given the following year-end information, compute Greenwood Corporations basic and diluted earnings...
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The income statement for Bramble Inc. shows income before income taxes $1736000, income tax expenses $831000, and net income $905000. If Bramble declared $364000 of cash dividends on preferred stock and has 270000 shares of common stock outstanding throughout the year, earnings per share is:

Select answer from the options below

$3.35

$2.00

$6.43

$1.10

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