Riverbed Corporation had 2020 net income of $777,000. During 2020, Riverbed paid a dividend of $2...

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Riverbed Corporation had 2020 net income of $777,000. During2020, Riverbed paid a dividend of $2 per share on 45,500 shares ofpreferred stock. During 2020, Riverbed had outstanding 245,000shares of common stock. Compute Riverbed’s 2020 earnings per share.(Round answer to 2 decimal places, e.g. 3.56.) Earnings per share$enter earnings per share in dollars rounded to 2 decimal placesper share

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What is Earnings per share EPS IAS 33 applies to companies whose ordinary shares or potential ordinary shares are publicly traded or companies in the process of issuing such shares in public markets It requires the calculation of basic and diluted earnings per share EPS which must be presented on the face of the statement of profit or See Answer

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