Exercise Static EPS; net loss; nonconvertible preferred stock; shares sold L
At December Albrecht Corporation had outstanding shares of common stock and shares of $ par
value cumulative, nonconvertible preferred stock.
On May Albrecht sold for cash shares of its common stock.
No cash dividends were declared for
For the year ended December Albrecht reported a net loss of $
Required:
Calculate Albrecht's net loss per share for the year ended December
Note: Do not round intermediate calculations. Enter your answers in thousands ie should be entered as