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For 2019, Asante Company had net income of $25,000. At January 1, 2019 there were 12,500 shares outstanding. On April 1, 2019, the company issued
For 2019, Asante Company had net income of $25,000. At January 1, 2019 there were 12,500 shares outstanding. On April 1, 2019, the company issued 2,000 new shares for $35 per share. The company paid $5,000 in dividends to common shareholders. What is the approximate basic earnings per share for 2019? A. $1.76 B. $1.79 C. None of these D. $1.43 E. $1.72 At December 31, 2019, Puneet Co.'s stock price was $30 per share. If the EPS for the year was $5, the Current Yield was approximately: A. 15.48% B. 6.00% C. 16.67% D. 10.9 % o O E. None of these
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