Business, 29.07.2020 18:01 yasminothman02

Exercise 16-18 Indigo Inc. presented the following data. Net income$2,410,000 Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible5,200,000 Common stock: Shares outstanding 1/1729,600 Issued for cash, 5/1296,400 Acquired treasury stock for cash, 8/1152,400 2-for-1 stock split, 10/1 Compute earnings per share.

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Exercise 16-18 Indigo Inc. presented the following data. Net income$2,410,000 Preferred stock: 52,00...