Question
Please calculate the earnings per share using the information given below. In the year of 2019, W Co. earned a net income of 800,000 yuan.
Please calculate the earnings per share using the information given below. In the year of 2019, W Co. earned a net income of 800,000 yuan. The company had only issued 400,000 shares of 3 yuan par value common stock outstanding at January 1. Compute the companys earnings per share under each of the following independent assumptions: (1) No change occurred during the year in the number of shares outstanding. Earnings per share: __________________________ yuan (2) On Oct 1, the company distributed additional 400,000 shares of common stock in exchange for cash. Earnings per share: _______________________ yuan (3) On July 1, the company distributed additional 140,000 shares of common stock in exchange for cash. Earnings per share: __________________________ yuan
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