Question
The Layline Company had net income of 480,000 and paid dividends of 100,000 to ordinary shareholders in 2021. The equity of ordinary shareholders of the
- The Layline Company had net income of €480,000 and paid dividends of €100,000 to ordinary shareholders in 2021. The equity of ordinary shareholders of the Layline Company at the beginning and end of 2021 was €1,740,000 and €2,260,000, respectively. There are 400,000 weighted average common shares outstanding.
- Calculate the Layline Company earnings per share for 2021
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
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