Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common sto
Posted: Mon May 30, 2022 7:22 am
Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common stock, $1 par Nonconvertible preferred stock, $50 par $1,180,000 25,000 On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $100,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $5,800,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.) Numerator Denominator Earnings per Share =