Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. crane corporation had 2023 net income of $1,221,00

Crane Corporation had 2023 net income of $1,221,000. During 2023, Crane has not declared or...

90.2K

Verified Solution

Question

Accounting

Crane Corporation had 2023 net income of $1,221,000. During 2023, Crane has not declared or paid any dividend on 96,000 non-cumulative preferred shares. Crane also had 220,000 common shares outstanding during the year.
Calculate Cranes 2023 earnings per share. (Round answer to 2 decimal places, e.g.15.25.)
Earnings per share $enter the earnings per share in dollars rounded to 2 decimal places

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

\"Trydint\" bubble-gum company claims that 3 out of 10 people prefer their gum to \"Eklypse\". Test...

Chemistry
1.2K views

A buffer solution was prepared by dissolving 4.00 grams of sodium propanate (NaCH3CH2CO2, FM 96.06 g/mol)...

Mechanical Engineering
1.2K views

I need summery between (4-10) pages about((A list of twenty regular verbs with base form, past...

Advance Math
1.2K views

Bob, Peter and Paul travel together. Peter and Paul are good hikers; each walks p miles...

Algebra
1.2K views

Simplify the expression All variables are nonzero 5 7n 5 2 2

Algebra
1.2K views

Factor 16x 121 over the set of complex numbers Enter your answer in the box

Accounting
1.2K views

Required information E5-5 (Algo) Preparing a...

Accounting
1.2K views

Part 4: Choose a service company and describe two business examples for each account classification...

Accounting
1.2K views

Patricia Industries gathered the following budgeted information about its product: Each unit of product contains...

Accounting
1.2K views

You are a lead researcher with a public interest firm specializing in the financial reporting...

Accounting
1.2K views

On May 1, 2023, their first day of operations, Nutty's Oil, Inc. issues 2,000 shares...

Finance
1.2K views

True or False Question According to the text, the basics of money management include storing...