3 pts Question 5 RR Co. has 500,000 shares of common stock at the beginning of the year. It does not pay cash dividends. Net income for the year is $3 million. On July 31st, the firm declared a 100% stock dividend. On August 31st, RR Co. issued 24,000 shares of common. RR Co. has a capital structure and will report basic earnings per share closest to simple: $5.91 complex: $2.98 simple: $2.98 complex: $5.91 Previous Next Not saved Subasiniz