Question
In 2014, Shark Tank LLC reported net income of $350,000. It declared and paid common stock dividends of $26,000 and had a weighted average of
In 2014, Shark Tank LLC reported net income of $350,000. It declared and paid common stock dividends of $26,000 and had a weighted average of 70,000 common shares outstanding. Compute the earnings per share to the nearest cent.
Group of answer choices
$2.66
$3.00
$2.70
$5.00
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Accounting The Basis For Business Decisions
Authors: Robert F. Meigs, Walter B Meigs
5th Edition
007041551X, 9780070415515
