On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $50,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $2,000,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.)

Earning per share is $1.95

Explanation:

Number of outstanding shares = Common stock + ( Stock dividend )

Number of outstanding shares = 800,000 + ( 800,000 x 25% )

Number of outstanding shares = 800,000 + 200,000 = 1,000,000

Earning Per share = ( Net Income - Preferred Dividend ) / Number of outstanding share

Earning Per share = ( $2,000,000 - $50,000 ) / 1,000,0000 share

Earning Per share = $1,950,000 / 1,000,0000 share

Earning per share = $1.95

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answerthe above statement is false;