Question
Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company sold 3,000 shares before the end of the year.
Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company sold 3,000 shares before the end of the year. There were no other stock transactions. The company's earnings per share is:
| a. $1.65. |
| b. $1.59. |
| c. $44.00. |
| d. $26.67. |
| e. $1.71. |
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Security And Audit Field Manual
Authors: Alex Meyer, Mark Polino
1st Edition
B0B72Q3V4M, 979-8841258483
