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Company has one class of common stock outstanding and no other securities that are potential he convertible in the common stock during year 10 100,000
Company has one class of common stock outstanding and no other securities that are potential he convertible in the common stock during year 10 100,000 shares of common stock for outstanding. In your 11 two distributions of additional common stock occurred on April 1 20,000 shares of treasury stock were sold and on July 1 2for one stock split was issued net income for the year was 410,000 in year 11 and $350,000 in year 10.what amount should company report as earnings per-share in its year 11 and year 10 comparative income statements? Options in picture The Burken Co. has one class of common outstanding. In year 11, two distributions of income was $410,000 in year 11 and $350 Year 11 OA. $1.78 OB. $2.34 O C. $1.78 D. $2.34 Year 10 $1.75 $3.50 $3.50 $1.75 Click to select your l
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