Problemin 2014 hollis corporation reported net income of, Ask an Expert

Accounting

Problem:

In 2014, Hollis Corporation reported net income of $1,081,000. It declared and paid preferred stock dividends of $271,800. During 2014, Hollis had a weighted average of 207,100 common shares outstanding.

Required:

Question: Compute Hollis's 2014 earnings per share.

Note: Please provide through step by step calculations.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165412

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