clanton inc has 12000 shares of common stock

Question

Clanton, Inc has 12,000 shares of common stock outstanding at 31^st December, 2012. The company sold 6,000 shares of common stock on 1^st November, 2012 and declared and paid a dividend of $15,000. The starting Retained Earnings was $115,000. Net Income for 2012 was $140,000.

Evaluate Earnings Per Share for the year ended 31^st December, 2012.

BellaAnna,Inc. had 800 shares of common stock outstanding on 31^st December, 2011. On 30^th June, 2012 BellaAnna, Inc. issued 200 more shares of common stock. BellaAnna, Inc. declared and paid a $5,000 dividend in 2012. The beginning Common Stock was $40,000 and beginning Retained Earnings was $259,000. Net Income for the year ended 31^st December, 2012 was $70,000.

Determine Earnings Per Share for 2012.

Blanton, Inc has 10,000 shares of common stock outstanding at 31^st December, 2012. The company sold 3,000 shares of common stock on 1^st November, 2012 and declared and paid a dividend of $15,000. The beginning the beginning Retained Earnings was $115,000. Net Income for 2012 was $140,000.

Evaluate Earnings per Share for the year ended 31^st December, 2012.