Rogers Company had 60,000 shares of common stock outstanding on January 1, 1999. On April 1, 1999,
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Rogers Company had 60,000 shares of common stock outstanding on January 1, 1999. On April 1, 1999, it issued 20,000 additional shares for cash. The amount of earnings available for common stockholders for 1999 was \(\$ 600,000\). What amount of EPS of common stock should the company report?
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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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