Determine the earnings per share, Accounting Basics

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Determine the earnings per share

Financial information for Semester Company for three recent years is as follows:

	Fiscal Years Ended
	2011	2010	2009
Net income	$26,042	$22,162	$17,133
Preferred dividends	$709	$562	$402
Average number of common shares outstanding	4,900	4,800	3,900

a. Determine the earnings per share for fiscal years 2011, 2010, and 2009. Round to the nearest cent.

2011:	$ per share
2010:	$ per share
2009:	$ per share

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Accounting Basics: Determine the earnings per share

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Accounting Basics: Determine the earnings per share

Reference No:- TGS0683250

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Recent Questions Asked Accounting Basics

Q : Explain the bond corporation issues

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine the earnings per share

Reference No:- TGS0683250

Recent Questions Asked Accounting Basics

Q : Explain the bond corporation issues

Q : Find probability that student admitted for early admission

Q : Calculate about the financial performance or health

Q : How to produces and sells a single product

Q : Determine the earnings per share

Q : What effect will reclassifying a long term investment

Q : Prepare a partial balance sheet to show the presentation

Q : Prepare an income statement under absorption costing

Q : Explain the net cash provided by financing activities

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