Dean Company had an average number of shares of common stock outstanding of 200,000 in 1998 and
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Dean Company had an average number of shares of common stock outstanding of 200,000 in 1998 and 215,000 in 1999. Net income for these two years was as follows:
a. Calculate EPS for the years ended December 31, 1998, and 1999.
b. What might the resulting figures tell a stockholder or a potential investor?
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Related Book For
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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