Heart Corporation began the year with a simple capital structure consisting of 35,000 shares of common stock outstanding. On May 1, 5,000 additional common shares were issued, and another 20,000 common shares were issued on September 1. The company had a net income for the year of $468,000. Calculate the earnings per share of common stock

Earnings per Share Heart Corporation began the year with a simple capital structure consisting of 35,000 shares of common stock outstanding. On May 1, 5,000 additional common shares were issued, and another 20,000 common shares were issued on September 1. The company had a net income for the year of $468,000. Calculate the earnings per share of common stock. Earnings per Share $ 31 x