Question
General Corporation was organized on January 1 and issued 400,000 shares of common stock on that date. On July 1, an additional 150,000 shares were
General Corporation was organized on January 1 and issued 400,000 shares of common stock on that date. On July 1, an additional 150,000 shares were issued for cash. Net income for the year was $4,520,000. Net earnings per share amounted to: $8.22. $11.30. $30.13. $9.52.
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Proli Footwear Inc An Audit And Fraud Simulation For Team-Based Student Learning
Authors: Patricia Poli, Richard Proctor
2nd Edition
0615455492, 978-0615455495
