Question
Sunland Corporation reports net income of $625,000 and a weighted-average of 250,000 shares of common stock outstanding for the year. Compute the earnings per
Sunland Corporation reports net income of $625,000 and a weighted-average of 250,000 shares of common stock outstanding for the year. Compute the earnings per share of common stock. (Round answer to 2 decimal places, e.g. 2.25.) Earnings per share $ eTextbook and Media eTextbook Assistance Used
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
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