# Comparative Earnings per Share

I need the answer for number 3 year 2021 and 2019

Comparative Earnings per Share

Lucas Company reports net income of \$2,580 for the year ended December 31, 2019, its first year of operations. On January 4, 2019, Lucas issued 9,000 shares of common stock. On August 2, 2019, it issued an additional 4,200 shares of stock, resulting in 13,200 shares outstanding at year-end.

During 2020, Lucas earned net income of \$18,840. It issued 3,000 additional shares of stock on March 3, 2020, and declared and issued a 2-for-1 stock split on November 3, 2020, resulting in 32,400 shares outstanding at year-end.

During 2021, Lucas earned net income of \$31,104. The only common stock transaction during 2021 was a 20% stock dividend issued on July 2, 2021.

If required, round your final answers to two decimal places.

Required:

1. Compute the basic earnings per share that would be disclosed in the 2019 annual report.
\$ fill in the blank 1 per share

2. Compute the 2019 and 2020 comparative basic earnings per share that would be disclosed in the 2020 annual report.
2020:   \$ fill in the blank 2 per share
2019:   \$ fill in the blank 3 per share

3. Compute the 2019, 2020, and 2021 comparative basic earnings per share that would be disclosed in the 2021 annual report.
2021:   \$ fill in the blank 4 per share
2020:   \$ fill in the blank 5 per share
2019:   \$ fill in the blank 6 per share

# Comparative Earnings per Share

Comparative Earnings per Share

Lucas Company reports net income of \$2,580 for the year ended December 31, 2019, its first year of operations. On January 4, 2019, Lucas issued 9,000 shares of common stock. On August 2, 2019, it issued an additional 4,200 shares of stock, resulting in 13,200 shares outstanding at year-end.

During 2020, Lucas earned net income of \$18,840. It issued 3,000 additional shares of stock on March 3, 2020, and declared and issued a 2-for-1 stock split on November 3, 2020, resulting in 32,400 shares outstanding at year-end.

During 2021, Lucas earned net income of \$31,104. The only common stock transaction during 2021 was a 20% stock dividend issued on July 2, 2021.

If required, round your final answers to two decimal places.

Required:

1. Compute the basic earnings per share that would be disclosed in the 2019 annual report.
\$ fill in the blank 1 per share

2. Compute the 2019 and 2020 comparative basic earnings per share that would be disclosed in the 2020 annual report.
2020:   \$ fill in the blank 2 per share
2019:   \$ fill in the blank 3 per share

3. Compute the 2019, 2020, and 2021 comparative basic earnings per share that would be disclosed in the 2021 annual report.
2021:   \$ fill in the blank 4 per share
2020:   \$ fill in the blank 5 per share
2019:   \$ fill in the blank 6 per share

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.