Oriole Corporation had 2020 net income of $1.5 million. During 2020, Oriole paid a dividend of $4 per share on 105,000 p
Posted: Wed Jul 06, 2022 6:23 am
Oriole Corporation had 2020 net income of $1.5 million. During 2020, Oriole paid a dividend of $4 per share on 105,000 preferred shares. Oriole also had 150,000 common shares outstanding during the year. Calculate Oriole's 2020 earnings per share. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share $