At January Kingbird Company's outstanding shares included the following.
shares of $ par value, cumulative preferred stock
shares of $ par value common stock
Net income for was $ No cash dividends were declared or paid during On February however, all preferred dividends in arrears were paid, together with a stock dividend on common shares. There were no dividends in arrears prior to
On April shares of common stock were sold for $ per share, and on October shares of common stock were purchased for $ per share and held as treasury stock.
Compute earnings per share for Assume that financial statements for were issued in March Round answer to decimal places, eg
Earnings per share $
