Question
lone star golf inc. provides the following information for 2018 Net income $380,000 Market price per share of common stock $60 per share Dividends paid
lone star golf inc. provides the following information for 2018
Net income $380,000
Market price per share of common stock $60 per share
Dividends paid to common stock holders 180,00
common stock outstanding at jan. 1 2018 170,00 shares
common stock outstanding at dec 31 2018 220,00 shares
There is NO preferred stock outstanding calculate the earnings per share for 2018:
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
2nd Edition
0199674914, 978-0199674916
