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Business, 14.02.2020 02:27 Shom2095

At December 31, 2019, Bramble Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,506 shares $10,850,600 Common stock, $5 par, 4,024,760 shares 20,123,800 During 2020, Bramble did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $23,480,400 Discontinued operations (loss before taxes) $3,292,300 Preferred dividends declared $1,085,060 Common dividends declared $2,210,000 Effective tax rate 35 % Compute earnings per share data as it should appear in the 2020 income statement of Bramble Corporation.

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