Question
Coronado Corporation reports net income of $600,250 and a weighted-average of 245,000 shares of common stock outstanding for the year. Compute the earnings per share
Coronado Corporation reports net income of $600,250 and a weighted-average of 245,000 shares of common stock outstanding for the year. Compute the earnings per share of common stock. (Round answer to 2 decimal places, e.g. 2.25.)
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R. Cornwall, David O. Vang, Jean M. Hartman
4th Edition
0765646854, 978-0765646859
