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Edmond Biometrics experienced net income of $ 500 comma 000$500,000 for both last year and the current year. The shares outstanding for the prior year
Edmond Biometrics experienced net income of $ 500 comma 000$500,000 for both last year and the current year. The shares outstanding for the prior year was 100 comma 000100,000 shares for the whole year. On December 1 of the current year, Edmond declared a two for one stocksplit. There were no other stock transactions in either year. Compute the EPS that would be shown on a comparative income statement for Years 1 and 2
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