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At December 31, 2025, Cullumber Company had 514000 shares of common stock issued and
outstanding, 396000 of which had been issued and outstanding throughout the year and 118000
which were issued on October 1,2025. Net income for the year ended December 31,2025 was
$1694000. What should be Cullumber's 2025 earnings per common share? $3.72$35.66$3.98
$4.28

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At December 31 2025 Cullumber Company had 514000 shares of.pdf

  • 1. At December 31, 2025, Cullumber Company had 514000 shares of common stock issued and outstanding, 396000 of which had been issued and outstanding throughout the year and 118000 which were issued on October 1,2025. Net income for the year ended December 31,2025 was $1694000. What should be Cullumber's 2025 earnings per common share? $3.72$35.66$3.98 $4.28