Question
For the year ended December 31,2018,Bennett Beauty Co.earned net income of $1,000,000 and had a comprehensive income of $1,100,000.During 2018,Bennett had 50,000 shares of common
For the year ended December 31,2018,Bennett Beauty Co.earned net income of $1,000,000 and had a comprehensive income of $1,100,000.During 2018,Bennett had 50,000 shares of common stock outstanding and convertiblebonds as of December 31, 2018, that could be converted into 25,000 shares of common stock. Bennett did not have dividends of any kind during 2018. What was Bennett's Basic EPS?
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
