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FAST! The net income after tax for X company for the year 2018 was $1,500,000. The number of shares outstanding at the end of 2018
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The net income after tax for X company for the year 2018 was $1,500,000. The number of shares outstanding at the end of 2018 was 600,000. X company issued 100,000 new shares on January 1, 2019. Net income after tax for 2019 was 25% higher than in 2018. What are earnings per share in 2019? Select one: a. $4.13 b. $2.22 c. $2.68 d. $2.75 14:21Step by Step Solution
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