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Kingbird Company had187,200shares of common stock outstanding on December 31, 2018. During the year 2019, the company issued8,000shares on May 1 and retired14,000shares on October
Kingbird Company had187,200shares of common stock outstanding on December 31, 2018. During the year 2019, the company issued8,000shares on May 1 and retired14,000shares on October 31. For the year 2019, Kingbird Company reported net income of $265,300after a loss from discontinued operations of $42,700(net of tax).
What earnings per share data should be reported at the bottom of its income statement?
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