Question
. ( Computing earnings per share ) If ABC Company earned $ 2 8 0 , 0 0 0 in net income and paid cash
.
(Computing earnings per share)
If ABC Company earned $280,000 in net income and paid cash dividends of $40,000, what areABC's earnings per share if it has 80,000 sharesoutstanding? The earnings per share of ABC Company is $_________. (Round to the nearestcent.)
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
