Sandhill Corporation had 2020 net income of $1,066,000. During 2020, Sandhill paid a dividend of $2 per share on 36,350 shares of preferred stock. During 2020, Sandhill had outstanding 301,000 shares of common stock. Compute Sandhill’s 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.)
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Sandhill Corporation had 2020 net income of $1,066,000. During 2020, Sandhill paid a dividend of $2 per share on 36,350 shares of
Compute Sandhill’s 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.)
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