The Common Stock account for Baltimore Corporation on January 1, 2018, was $70,000. On July 1, 2018, Baltimore issued an additional 6,000 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income were $115,000. Use this information to determine for December 31, 2018, the amount of Earnings per Share (rounded to the nearest cent).
The Common Stock account for Baltimore Corporation on January 1, 2018, was $72,500. On July 1, 2018, Baltimore issued an additional 8,500 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income were $117,500.
Use this information to determine for December 31, 2018, the amount of Earnings per Share.
The Common Stock account for Baltimore Corporation on January 1, 2018, was $67,500. On July 1, 2018, Baltimore issued an additional 9,500 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income were $108,500.
Use this information to determine for December 31, 2018, the amount of Earnings per Share.
The Common Stock account for Baltimore Corporation on January 1, 2018, was $50,000. On July 1, 2018, Baltimore issued an additional 10,000 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $140,500. Use this information to determine for December 31, 2018, the amount of Earnings per Share.
The Common Stock account for Baltimore Corporation on January 1, 2018 was $75,000. On July 1, 2018, Baltimore issued an additional 7,500 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $138,000. Use this information to determine for December 31, 2018 the amount of Earnings per Share (rounded to the nearest cent).
The Common Stock account for Baltimore Corporation on January 1, 2018 was $50,000. On July 1, 2018, Baltimore issued an additional 10,000 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $122,500. Use this information to determine for December 31, 2018 the amount of Earnings per Share (rounded to the nearest cent).
