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The McKelligon Corporation reported net income of $5,000,000 for the fiscal year ended December 31, 2018. Preferred stock dividends declared during the year were $1,000,000.
- The McKelligon Corporation reported net income of $5,000,000 for the fiscal year ended December 31, 2018. Preferred stock dividends declared during the year were $1,000,000. McKelligon had one million shares of common stock outstanding at the beginning of the year, and issued one million shares on April 1, 2018 as well as an additional one million shares on July 1, 2018. What is McKelligons basic EPS for 2018?
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Case Studies In Strategic ManagementHow Executive Input Enables Students Development
Authors: Gunther Friedl, Andreas Biagosch
1st Edition
3319955543, 9783319955544
