Bates Construction Ltd. had 62.000 common shares and 21,000 $1.30 preferred shares outstanding on December...
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Bates Construction Ltd. had 62.000 common shares and 21,000 $1.30 preferred shares outstanding on December 31, 2019. On April 30, 2020, the company issued 6,100 additional common shares and split the common shares 2 for 1 on December 1, 2020. There were no other share issuances and no share repurchases during the year ended December 31, 2020. Income for the year from continuing operations was $72,000, and loss on discontinued operations (net of income tax) was $7,500 Required Compute Bates Construction Ltd's EPS amounts for the year ended December 31, 2020 (Hold all decimals in interim calculations. Round your final answers to the nearest cent. Use parentheses or a minus sign when subtracting numbers.) Eamings per share Income from continuing operations Loss on discontinued operations Net income
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