In: Accounting
Marin Company had 214,800 shares of common stock outstanding on
December 31, 2018. During the year 2019, the company issued 8,000
shares on May 1 and retired 14,000 shares on October 31. For the
year 2019, Marin Company reported net income of $247,200 after a
loss from discontinued operations of $43,300 (net of tax).
What earnings per share data should be reported at the bottom of
its income statement? (Round answers to 2 decimal
places, e.g. $2.55.)
Marin Company
Income Statement
For the Year Ended December 31, 2019
Income Per Share from Continuing Operations | $ |
Loss from Discontinued Operations per Share | $ |
Net Income/(Loss) per share | $ |