On January 1, 2016, Bennett Corporation had 20,000 shares of common shares outstanding. During the year, it sold another 2,600 s

Question

3 years ago

6

On January 1, 2016, Bennett Corporation had 20,000 shares of common shares outstanding. During the year, it sold another 2,600 s

hares on July 1 and reacquired 600 shares on November 1. The corporation earned $337,600 net income. The company also has 15,000 shares of $10 par value, 6%, cumulative preferred stock on which no dividends have been declared for the last two years. What is the basic earnings per share for the year

Business

1 answer:

Olenka [21] · Answer 1 · 2022-05-14T19:23:09+03:00

Olenka [21]3 years ago

7 0

Answer:

bro i honestly have no clue I'm only in 6th grade and im tryna get points.

Explanation: