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Shamrock Company had a net income of $30,000. On January 1, the number of shares of common stock outstanding was 8,000. On April 1, the
Shamrock Company had a net income of $30,000. On January 1, the number of shares of common stock outstanding was 8,000. On April 1, the company issued an additional 2,000 shares of common stock. There were no other stock transactions. The company's earnings per share is: Answer 1. $3.75. 2. $3.00. 3. $3.33. 4. $3.16
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
5th Canadian Edition
1119403995, 9781119403999
