Question
Platinum Company reports net income of $520,000 for 2018 and declared a cash dividend of $1 per share on each of its 100,000 shares of
Platinum Company reports net income of $520,000 for 2018 and declared a cash dividend of $1 per share on each of its 100,000 shares of common stock outstanding. What are earnings per share for 2018? a) $5.20 per share b) $1.00 per share c) $1.20 per share d) $4.80 per share
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Financial Accounting
Authors: Michael J. Jones
2nd Edition
1119977150, 978-1119977155
