Assignment 2-2% Question 4 of 5 /15 1 View Policies Current Attempt in Progress On December 31, 2019, Cullumber Corporat

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Assignment 2 2 Question 4 Of 5 15 1 View Policies Current Attempt In Progress On December 31 2019 Cullumber Corporat 1 (25.75 KiB) Viewed 44 times

Assignment 2-2% Question 4 of 5 /15 1 View Policies Current Attempt in Progress On December 31, 2019, Cullumber Corporation had 141.600 common shares outstanding. On April 30, 2020, the company issued an additional 45.000 common shares for cash, On July 31, 2020, the company repurchased and cancelled 21.000 common shares During the year ended December 31, 2020, Cullumber earned income before taxes of $40.000.000 Not included in the income was a loss from discontinued operations of $5,000,000 before tax. The company was subject to a 25% income tax rate. Calculate earnings per share data as they should appear on the 2020 income statement of Cullumber Corporation (Round anwesto 2 decimal places, eg. 52.75) Earnings per share Continuing operations Discontinued operations Earnings per shore Attes Du Su <>