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SeamCo Industries reported a net income of $589,369 for the year ended December 31, 2020. On January 1, 2021, the company had 470,000 common shares
SeamCo Industries reported a net income of $589,369 for the year ended December 31, 2020. On January 1, 2021, the company had 470,000 common shares outstanding. On April 1, the company sold 25,200 shares for cash. On August 31, the company issued 44,400 additional shares as part of a merger. On December 1, 2021, the company declared and issued a 8% stock dividend.
Comput SeamCo's net income that would produce a basic EPS of $1.85 per share for 2021.
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