At december 31, 2019, shiga naoya corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,500 shares $10,750,000 common stock, $5 par, 4,000,000 shares 20,000,000 during 2020, shiga naoya did not issue any additional common stock. the following also occurred during 2020. income from continuing operations before taxes $23,650,000 discontinued operations (loss before taxes) $ 3,225,000 preferred dividends declared $ 1,075,000 common dividends declared $ 2,200,000 effective tax rate 17% instructions compute earnings per share data as it should appear in the 2020 income statement of shiga naoya corporation. (round to two decimal places.)
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At december 31, 2019, shiga naoya corporation had the following stock outstanding. 10% cumulative pr...
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