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E14-2A litullie are subject to a 35 r pti share disclosures. Farnings per Share Lucky Corporation began the year with a simple capital structure consisting

E14-2A
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litullie are subject to a 35 r pti share disclosures. Farnings per Share Lucky Corporation began the year with a simple capital structure consisting 000 shares of outstanding common stock. On April 1, 5,000 additional common shares were and another 30,000 common shares were issued on August 1. The company had net income L04 issued, for the year of $589,375. Calculate the earnings per share of common stroek

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