For the year ended December 31, 2021, Norstar Industries reported net income of $910,000. At January 1, 2021, the company had 740,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 Sold 30,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. June 1 Issued 24,000 shares as part of the consideration for the purchase of assets from a subsidiary. Required:Compute Norstar's earnings per share for the year ended December 31, 2021.(Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) Numerator / Denominator = Earnings per Share / =

For the year ended December 31, 2021, Norstar Industries reported net income of $910,000. At January 1, 2021, the company had 740,000 common shares outstanding. The following changes in the number of...

For the year ended December 31, 2021, Norstar Industries reported net income of $910,000. At January 1, 2021, the company had 740,000 common shares outstanding. The following changes in the number of shares occurred during 2021:

Apr.	30	Sold 30,000 shares in a public offering.
May	24	Declared and distributed a 5% stock dividend.
June	1	Issued 24,000 shares as part of the consideration for the purchase of assets from a subsidiary.

Required:

Compute Norstar's earnings per share for the year ended December 31, 2021.(Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.)

Numerator	/	Denominator	=	Earnings per Share
	/		=

Jun 08, 2022

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For the year ended December 31, 2021, Norstar Industries reported net income of $910,000. At January 1, 2021, the company had 740,000 common shares outstanding. The following changes in the number of...

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