Question
On Jan 1,2016, the Frisbee company had 250,000 shares of common stock issued and outstanding. On march 31, 2016 the company sold 50,000 additional shares
On Jan 1,2016, the Frisbee company had 250,000 shares of common stock issued and outstanding. On march 31, 2016 the company sold 50,000 additional shares for cash. On september 1 the Frisbee company paid 20% stock dividend and on oct. 1 the frisbee company repurchased 100,000 shares. Frisbee net income for the year ended dec. 31,2016 was 700,000. What is the 2016 basic earning per share?
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Cloud Auditing Best Practices Perform Security And IT Audits Across AWS Azure And GCP By Building Effective Cloud Auditing Plans
Authors: Shinesa Cambric, Michael Ratemo
1st Edition
1803243775, 978-1803243771
