Didde co had 300000 shares of common stock issued and

Reference no: EM13592075

Didde Co. had 300,000 shares of common stock issued and outstanding at December 31, 2010. No common stock was issued during 2011. On January 1, 2011, Didde issued 200,000 shares of nonconvertible preferred stock. During 2011, Didde declared and paid $100,000 cash dividends on the common stock and $80,000 on the preferred stock. Net income for the year ended December 31, 2011 was $620,000.

REQUIRED: What should be Didde's 2011 earnings per common share?

Reference no: EM13592075

Questions Cloud

Terry corporation had 300000 shares of common stock : terry corporation had 300000 shares of common stock outstanding at december 31 2010. in addition it had 90000 stock

At december 31 2011 and 2010 miley corp had 180000 shares : at december 31 2011 and 2010 miley corp. had 180000 shares of common stock and 10000 shares of 5 100 par value

On december 31 2010 dow steel corporation had 800000 shares : on december 31 2010 dow steel corporation had 800000 shares of common stock and 300000 shares of 8 noncumulative

Explain how the variances could explain the following : the plant manager decides that what is needed is an objective appraisal of what should be done. he hires june collins

Didde co had 300000 shares of common stock issued and : didde co. had 300000 shares of common stock issued and outstanding at december 31 2010. no common stock was issued

Sleek ride a company providing limo services has a december : sleek ride a company providing limo services has a december 31 year-end date. for sleek ride the following transactions

Brown corp is thinking of investing 70000 to start a : brown corp. is thinking of investing 70000 to start a bookstore. brown plans to withdraw 15000 from the business at the

In the current year company a is formed with 630000 in : in the current year company a is formed with 630000 in capital from the sale of 21000 shares of stock at 30 a share.

How large would the annual net cash inflows from the : norris company is considering investing in automated equipment with a ten-year useful life. managers have estimated the

User Account

All Pages