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A company reports the following earnings per share data. Item Total EPS Income from continuing operations $600,000 $1.20 Loss on discontinued operations, net of tax
A company reports the following earnings per share data.
Item | Total | EPS |
Income from continuing operations | $600,000 | $1.20 |
Loss on discontinued operations, net of tax | ($90,000) | ($0.18) |
Net income | $510,000 | $1.02 |
If the company's common stock has a par value of $1.50 per share, what is the balance in the common stock account?
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