At December 31, 2012 and 2013, Funk & Noble Corporation had


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Dec 03, 2012. At December 31, 2012 and 2013, Funk & Noble Corporation had outstanding 1,000 million shares of common stock and 13 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2012 or 2013. Net income for 2013 was $1,652 million. The income tax rate is 40%. Calculate earnings per share for the year ended December 31, 2013. Noomcj12
posted a question ยท Dec 03, 2012 at 8:41am

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