Capital Consulting Company had 430,000 shares of common stock outstanding on Decembe1, 2021. On that date, there were also 5,300 shares of $100 par, 6% noncumulative preferred stock outstanding. On March 1, 2022, the company's common stock split 4-for-1. On December 15, 2022, a preferred dividend was declared and paid in the amount of $28,000. Net income for 2022 was $3,300,000.
Required:
(A) Compute basic earning per share rounded to 2 decimal places for the year ended Dec 31 2022.

United states is your answer

Answer continue to produce a quantity such that marginal revenue equals marginal cost;

Part (a) is relatively straight forward.there are 4 aces in a standard 52-card deck. so the probability that an ace is picked is just 4/52.part (b): note that there are 4 suits in a standard 52-card deck. so picking hearts will be 13/52 or 1/4.part (c): the probability condition or means we need to add the two probabilities because we do not want them simultaneously. so, we end up getting pr(ace) + pr(heart).from part (a), we found that picking an ace had a probability of 4/52, which is reduced down to 1/13.from part (b), we found that picking a heart had a probability of 1/4.so, the probability of an ace or a heart is 1/13 + 1/4 = 4/52 + 13/52 = 17/52.