NEZNEZ Corporation had net income for 2018 of $36,500. NEZNEZ had 1,800 shares of common...
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NEZNEZ Corporation had net income for 2018 of $36,500. NEZNEZ had 1,800 shares of common stock outstanding at the beginning of the year and 24,200 shares of common stock outstanding as of December 31, 2018. During the year, NEZNEZ declared and paid preferred dividends of $20,250. Compute NEZNEZ's earnings per share. Select the formula, then enter the amounts to calculate NEZNEZ Corporation's earnings per share as of December 31, 2018. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round earnings per share to the nearest cent.)
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