Mattoon, inc., owns 80 percent of effingham company. for the current year, this combined entity reported consolidated net income of $424,900. of this amount $386,400 was attributable to mattoon’s controlling interest while the remaining $38,500 was attributable to the noncontrolling interest. mattoon has 168,000 shares of common stock outstanding and effingham has 25,500 shares outstanding.
neither company has issued preferred shares or has any convertible securities outstanding.
1. on the face of the consolidated income statement, how much should be reported as mattoon’s earnings per share?

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u. s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.