On December Berclair Incorporated had million shares of common stock and million shares of $ par value cumulative preferred stock issued and outstanding.
On March Berclair purchased million shares of its common stock as treasury stock.
Berclair issued a common stock dividend on July
Six million treasury shares were sold on October
Net income for the year ended December was $ million.
Required:
Compute Berclair's earnings per share for the year ended December
Note: Do not round intermediate calculations. Enter your answers in millions ie should be entered as
tableNumerator Denominator,Earnings per Share
