Wyoming Company had net income of ($ 2,430,000) during the year. There were 240,000 common shares and
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Wyoming Company had net income of \(\$ 2,430,000\) during the year. There were 240,000 common shares and 30,000 shares of \(\$ 100\) par value, \(9 \%\) preferred stock outstanding during the year. Determine the basic earnings per share.
obj. 5
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Financial Accounting
ISBN: 9780324380675
10th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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