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Determine the earnings per share

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Problem

Financial statement data for years ending December 31 for Jardine Company areshownbelow

Earnings Per Share

Financial statement data for years ending December 31 for Jardine Company are shown below.

2014

2013

Net income

$219,000

$180,500

Preferred dividends

$33,000

$33,000

Average number of common shares outstanding

60,000 shares

50,000 shares

a.  Determine the earnings per share for 2014 and 2013. Round your answers to two decimal places.

Reference no: EM131793587

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