An asterisk (*) will appear to the right of an incorrect entry.
a. b. c.
Earnings before bond interest and income tax 15,000,000$ 17,500,000$ 20,000,000$
Bond interest
Balance
Income tax
Net income
Dividends on preferred stock
Earnings available for common stock
Number of common shares outstanding
Earnings per share on common stock
Earnings per Share of Common Stock
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Exercise 12-1
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An asterisk (*) will appear to the right of an incorrect entry.
a. b. c.
Earnings before bond interest and income tax 15,000,000$ 17,500,000$ 20,000,000$
Bond interest 2,250,000 2,250,000 2,250,000
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ON
Earnings per Share of Common Stock
Exercise 12-1
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Solution
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