The stockholders' equity section of Oriole Corporation appears below as of December 31, 2025. 8% cumulative preferred stock, $10 par value, authorized 99,000 shares, outstanding 89,000 shares Common stock. $0.20 par, authorized and issued 900,000 shares Additional paid-in capital Retained earnings Net income $26.820.000 6.570.000 $490,000 1,801,400 4,130,000 33.390.000 140.211.600 Net income for 2025 reflects a total effective tax rate of 20% Preferred stock dividends of $71,200 were declared a ommon stockholders in 2025 Dividends of $1.000.000 were declared and paid t Compute amings per share data as it should appear on the income statement of Oriole Corporation Round aner i 20 148) in 2025
The stockholders' equity section of Oriole Corporation appears below as of December 31, 2025. 8% cumulative preferred stock, $10 par value, authorized 99,000 shares, outstanding 89,000 shares Common stock. $0.20 par, authorized and issued 900,000 shares Additional paid-in capital Retained earnings Net income $26.820.000 6.570.000 $490,000 1,801,400 4,130,000 33.390.000 140.211.600 Net income for 2025 reflects a total effective tax rate of 20% Preferred stock dividends of $71,200 were declared a ommon stockholders in 2025 Dividends of $1.000.000 were declared and paid t Compute amings per share data as it should appear on the income statement of Oriole Corporation Round aner i 20 148) in 2025
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The stockholders' equity section of Oriole Corporation appears below as of December 31, 2025.
8% cumulative preferred stock, $10 par value, authorized
99,000 shares, outstanding 89,000 shares
Common stock. $0.20 par, authorized and issued 9,008,000 shares
Additional paid-in capital
Retained earnings
Net income
$26.820,000
6.570.000
$890.000
1,801,600
4,130,000
33.390,000
acer
$40.211.600
Net income for 2025 reflects a total effective tax rate of 20%. Preferred stock dividends of $71,200 were declared and paid in 2025
Dividends of $1,000,000 were declared and paid to common stockholders in 2025
Compute eamings per share data as it should appear on the income statement of Oriote Corporation (Round answer to 2 decimal places,
148)
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