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Compute earnings pe E16.18 (L04) (EPS: Simple Capital Structure) Ott Company had 210,000 ordinary shares out- standing on December 31, 2019. During the year 2020,
Compute earnings pe E16.18 (L04) (EPS: Simple Capital Structure) Ott Company had 210,000 ordinary shares out- standing on December 31, 2019. During the year 2020, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2020, Ott Company reported net income of 229,690 after a loss on discontinued operations of 40,600 (net of tax). Instructions What earnings per share data should be reported at the bottom of its income statement
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