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Problem # 3 Basic EPS and Weighted Average Number of Shares During 2 0 2 3 , Daktronics Incorporated had the following transaction in its
Problem #
Basic EPS and Weighted Average Number of Shares
During Daktronics Incorporated had the following transaction in its common stock:
January shares of common stock were outstanding.
April shares were reacquired.
July shares were issued.
October The company had a for stock split
October shares were issued.
Daktronics reported net income of $ and paid preferred dividends of $ during The tax rate is
REQUIRED:
Compute the weighted average number of shares for
Compute basic EPS for Daktronics for
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