Question
Richdards Sweet Potatoes, Inc, had 10,000 shares of stock outstanding on January 1. During the year he sold 3,000 shares on March 31st, 6,000 shares
Richdards Sweet Potatoes, Inc, had 10,000 shares of stock outstanding on January 1. During the year he sold 3,000 shares on March 31st, 6,000 shares on July 1st, and 8,000 shares on October 1st. If the Net Income for the year was $96,000, what was the approximate EPS? A. 7.11 B. 3.20 C. 3.56 D. 5.57 E. none of the listed choices
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Standard For Auditing Computer Applications
Authors: Martin A. Krist
2nd Edition
0849399831, 978-0849399831
