Hello,

I need help on this homework problem.




The stockholder's equity section of Tyachuk Corporation appears below as on December 31, 2004

8% Cumulative preferred stock $50 per value, authorized 100,000 shares, outstanding 90,000 shares                                                 (CR)4,500,00
                 
Common stock, $1.00 par, authorized and issued 10    million shares
            (CR)10,000,000


                              (CR)20,500,00          


Additional paid-in capital   (DR)      134,000,000
Retained (DR) 33,000,000 earnings                               167,000,000

Net Income                                                                                      202,000,000
                                                                       

Net income for 2004 reflects a total effective tax rate of 34%.  Included
In the net income figure is a loss of 18,000 (before tax) as a result of a major
Casualty.

Instructions
Compute earnings per share data, as it should appear on the income statement of Tkachuk Corporation.


Thanks,
Ebony

I am looking for the same answer for this question. Is there any answer somewhere?

Please see the guidelines for posting homework problems:
Ask Me Help Desk - Announcements in Forum : Homework Help (https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)

yoplo54, we're not here just to provide you answers for your homework.