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Determine the earnings per share (EPS) for Facebook, Inc. using the given information: Net Income: $10,000,000 Preferred Dividends: $2,000,000 Weighted Average Common Shares Outstanding: 5,000,000
Determine the earnings per share (EPS) for Facebook, Inc. using the given information:
- Net Income: $10,000,000
- Preferred Dividends: $2,000,000
- Weighted Average Common Shares Outstanding: 5,000,000
Apply the EPS formula and present the result.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
