A company reports net income of $75,000. Its weightedaverage common shares outstanding is 19,000. It has no
Question:
A company reports net income of $75,000. Its weightedaverage common shares outstanding is 19,000. It has no other stock outstanding. Its earnings per share is:
a. $4.69
b. $3.95
c. $3.75
d. $2.08
e. $4.41 AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting Information For Decisions
ISBN: 9780073043753
4th Edition
Authors: John J. Wild
Question Posted: