Calculate earnings per share. (LO 6) Spikes Inc. started and ended the year with 400,000 shares of

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Calculate earnings per share. (LO 6)

Spikes Inc. started and ended the year with 400,000 shares of common stock issued and outstanding. Net income was \(\$ 35,000\). Calculate earnings per share (EPS) for the year.

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Financial Accounting

ISBN: 9780131492011

1st Edition

Authors: Jane L. Reimers

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