Question
On September 1, 2023, Pin acquires all of Skin's shares, by issuing 15,000 shares of common stock. The following information is related to Pin
On September 1, 2023, Pin acquires all of Skin's shares, by issuing 15,000 shares of common stock. The following information is related to Pin & Skin at December 31, 2023. 2023 Net Income evenly distributed during the year Pin $420,000 Skin $150,000 # of outstanding shares 60,000 20,000 Calculate the consolidated earnings per share (EPS) for the year ended December 31, 2023.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
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