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djyliett [7]
3 years ago
7

At December 31, 2020 Bramble Corp. had 298000 shares of common stock and 9800 shares of 6%, $100 par value cumulative preferred

stock outstanding. No dividends were declared on either the preferred or common stock in 2020 or 2021. On January 30, 2022, prior to the issuance of its financial statements for the year ended December 31, 2021, Bramble declared a 100% stock dividend on its common stock. Net income for 2021 was $1143000. In its 2021 financial statements, Bramble's 2021 earnings per common share should be
Business
1 answer:
Vika [28.1K]3 years ago
5 0

Answer:

the earning per common share is $3.83 per share

Explanation:

The computation of the earning per common share is shown below

= Net income ÷ weighted number of outstanding shares

= $1,143,000 ÷ (298,000 shares)

= $3.83 per share

We simply divided the net income from the  weighted number of outstanding shares so that the earning per share could be determined

hence, the earning per common share is $3.83 per share

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2 years ago
Robert invested in stock and received a positive return over a 9-month period. Which of the following types of returns will be g
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Options:

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2 years ago
How will an increase in labor productivity affect equilibrium in the labor market?
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<h3>What is equilibrium?</h3>

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If the labor productivity is increased, it will definitely affect equilibrium in the labor market in such a way that the demand of labor will increase.

Learn more about equilibrium on brainly.com/question/517289

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8 0
1 year ago
To encourage employee ownership of the company's common shares, KL Corp. permits any of its employees to buy shares directly fro
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3 years ago
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