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Flounder Inc. presented the following data. Net income $2,440,000 Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible 5,200,000 Common stock: Shares outstanding
Flounder Inc. presented the following data.
| Net income | $2,440,000 | |
| Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible | 5,200,000 | |
| Common stock: Shares outstanding 1/1 | 784,800 | |
| Issued for cash, 5/1 | 312,000 | |
| Acquired treasury stock for cash, 8/1 | 151,200 | |
| 2-for-1 stock split, 10/1 |
Compute earnings per share.
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Biometric And Auditing Issues Addressed In A Throughput Model
Authors: Waymond Rodgers
1st Edition
1617356530, 978-1617356537
