Hardaway Fixtures' balance sheet at December 31, 2017, included the following: Shares issued and outstanding:...
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Hardaway Fixtures' balance sheet at December 31, 2017, included the following: Shares issued and outstanding: Common stock, $1 par $ 1,160,000 Nonconvertible preferred stock, $50 par 20,000 On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $95,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $5,600,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.)
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