Graham, Inc. began 2020 with 24,000 common shares outstanding and is.pdf
Graham, Inc. began 2020 with 24,000 common shares outstanding and issued a 20% stock dividend on August 1. The company issued 6,000 shares on December 1. Graham also has 16,000 shares of 8%, $20 par, cumulative preferred stock outstanding on which no dividends have been paid during either 2019 or 2020. Net income for 2020 was $176,000. Required: Compute Graham, Inc.'s basic earnings per share for 2020. If required, round your answer to two decimal places..
Graham, Inc. began 2020 with 24,000 common shares outstanding and is.pdf
Graham, Inc. began 2020 with 24,000 common shares outstanding and issued a 20% stock dividend on August 1. The company issued 6,000 shares on December 1. Graham also has 16,000 shares of 8%, $20 par, cumulative preferred stock outstanding on which no dividends have been paid during either 2019 or 2020. Net income for 2020 was $176,000. Required: Compute Graham, Inc.'s basic earnings per share for 2020. If required, round your answer to two decimal places..
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Graham, Inc. began 2020 with 24,000 common shares outstanding and is.pdf
- 1. Graham, Inc. began 2020 with 24,000 common shares outstanding and issued a 20% stock dividend on August 1. The company issued 6,000 shares on December 1. Graham also has 16,000 shares of 8%, $20 par, cumulative preferred stock outstanding on which no dividends have been paid during either 2019 or 2020. Net income for 2020 was $176,000. Required: Compute Graham, Inc.'s basic earnings per share for 2020. If required, round your answer to two decimal places.