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Below is select information from DC United Companys income statement. At the end of the current year, the weighted average number of common shares outstanding
Below is select information from DC United Companys income statement. At the end of the current year, the weighted average number of common shares outstanding was 137,000.
Income Statement, End of Current Year | |||
Sales | $ | 992,000 | |
Cost of goods sold | 810,000 | ||
Operating expenses | 90,000 | ||
Tax expense | 20,000 | ||
Required:
Calculate EPS for DC United. (Round your answer to 2 decimal places.)
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