Cox Enterprises had 200,000 shares of common stock outstanding on January 1, 2010, and issued an additional

Question:

Cox Enterprises had 200,000 shares of outstanding on January 1, 2010, and issued an additional 50,000 shares on March 31, 2010. Determine the earnings per share for calendar 2010 if net income was $ 300,000.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...