Question introductiveLaurelli Builders (LB) reported the financial data shown in Exhibit 1 for year-end 31 December: <table style="width:90%;text-align:center"> <caption>Exhibit 1: Laurelli Builders</caption> <tr><td class="left">Common shares outstanding, 1 January </td><td>2,020,000</td></tr> <tr><td class="left">Common shares issued as stock dividend, 1 June </td><td>380,000</td></tr> <tr><td class="left">Warrants outstanding, 1 January </td><td>500,000</td></tr> <tr><td class="left">Net income </td><td>USD3,350,000</td></tr> <tr><td class="left">Preferred stock dividends paid </td><td>USD430,000</td></tr> <tr><td class="left">Common stock dividends paid </td><td>USD240,000</td></tr> </table>

Mise à jour