The Alford Group had 200,000 shares of common stock outstanding at January 1,...
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The Alford Group had 200,000 shares of common stock outstanding at January 1, 2021. The following activities affected common shares during the year. There are no potential common shares outstanding. 2821 Feb. 28 Purchased 18,eea shares of treasury stock Oct. 31 Sold the treasury shares purchased on February 28 Nov. 30 Issued 72,eee new shares Dec. 31 Net income for 2021 is $1,649,e08 2822 Jan 15 Declared and issued a 2-for-1 stock split Dec. 31 Net income for 2822 is $1,649,ee0 Required: 1. Determine the 2021 EPS. (Do not round Intermediate calculations.) 2. Determine the 2022 EPS. 3. At what amount will the 2021 EPS be presented in the 2022 comparative financial statements? (For all requlrements, Enter your answers in thousands.) Denominator Numerator Earnings per Share 1 0 2. 0 3
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