Business, 12.04.2021 22:00 yadirahurtado4444

Buffalo Inc. presented the following data. Net income $2,670,000 Preferred stock: 46,000 shares outstanding, $100 par, 8% cumulative, not convertible 4,600,000 Common stock: Shares outstanding 1/1 789,600 Issued for cash, 5/1 307,200 Acquired treasury stock for cash, 8/1 136,800 2-for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e. g. $2.55.)

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Buffalo Inc. presented the following data. Net income $2,670,000 Preferred stock: 46,000 shares outs...

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