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Problem 2-3 David Company earned $300,000 last year. The company had 5,000 shares of common stock outstanding on January 1, sold 8,000 shares on
Problem 2-3 David Company earned $300,000 last year. The company had 5,000 shares of common stock outstanding on January 1, sold 8,000 shares on May 1 and sold 4,000 shares on October 1. Calculate the EPS for David.
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
