This paper circulates around the core theme of An analyst gathered the following information about a company together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
An analyst gathered the following information about a company whose fiscal year end is December 31:â¢ Net income for the year was $10.5 million.â¢ Preferred stock dividends of $2 million were paid for the year.â¢ Common stock dividends of $3.5 million were paid for the year.â¢ 20 million shares of common stock were outstanding on January 1, 2001.â¢ The company issued 6 million new shares of common stock on April 1, 2001.â¢ The capital structure does not include any potentially dilutive convertible securities, options, warrants, or other contingent securitiesThe company’s basic earnings per share for 2001 was closest to….