Burns Company reported $664.480 million in net income in 2021. On January 1, 2021, the company...

Burns Company reported $664.480 million in net income in 2021. On January 1, 2021, the company had 398 million shares of common stock outstanding. On March 1, 2021, 22.8 million new shares of common stock were sold for cash. On June 1, 2021, the company's common stock split 2 for 1. On July 1, 2021, 6.8 million shares were reacquired as treasury stock.

Required: Compute Burns' basic earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.)

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ekkarill92 answered 10 months ago

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