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Enter a zero in cells you would otherwise leave blank.
1.
Plan 1 Plan 2 Plan 3
Earnings before bond interest and income tax
Bond interest
Income before income tax
Income tax
Net income
Dividends on preferred stock
Earnings available for common stock
Shares of common stock outstanding
Earnings per share on common stock
2.
Plan 1 Plan 2 Plan 3
Earnings before bond interest and income tax
Bond interest
Income before income tax
Income tax
Net income
Dividends on preferred stock
Earnings available for common stock
Shares of common stock outstanding
Earnings per share on common stock
3.
(Key essay answer here)
0%
[Key code here]
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Earnings per Share of Common Stock
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Earnings per Share of Common Stock
Problem 12-1B
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An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded.
Enter a zero in cells you would otherwise leave blank.
1.
Plan 1 Plan 2 Plan 3
Earnings before bond interest and income tax 10,000,000$ 10,000,000$ 10,000,000$
Bond interest – – 3,600,000
2.
Plan 1 Plan 2 Plan 3
Earnings before bond interest and income tax 6,000,000$ 6,000,000$ 6,000,000$
Problem 12-1B
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Solution
Section:
Answers are entered in the cells with gray backgrounds.
ON
Score:
Instructions
Cells with non-gray backgrounds are protected and cannot be edited.
Earnings per Share of Common Stock
Earnings per Share of Common Stock