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plz i want the answer now Question 1 (6 points) Storm Co. Ltd had 1,200,000 shares of 10%,5 yuan par value preferred stock and 3,000,000
plz i want the answer now
Question 1 (6 points) Storm Co. Ltd had 1,200,000 shares of 10%,5 yuan par value preferred stock and 3,000,000 shares of 3 yuan par value common stock outstanding. Net income for the year totaled 50,000,000 yuan. Assume that in the first year of operation, Storm Co. Ltd. had four issues of common shares as follows. - Jan 1. Issued 1,000,000 shares of common stock. - Mar 1 Issued 700,000 shares of common stock. - July 1 Issued 800,000 shares of common stock. - Sept 1 Issued 500,000 shares of common stock. Please compute EPS for Storm Co. Ltd. for the year. EPS= yuan Step by Step Solution
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