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The net income after tax for Dutac for the year 2018 was $1,500,000. The number of shares outstanding at the end of 2018 was 600,000.
- The net income after tax for Dutac for the year 2018 was $1,500,000. The number of shares outstanding at the end of 2018 was 600,000. Dutac issued 100,000 new shares on January 1, 2019. Net income after tax for 2019 was 25% higher than in 2018. What are earnings per share in 2019?
- $2.22
- $2.68
- $4.13
- $2.75
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Public Sector Audit
Authors: Carolyn J. Cordery, David C. Hay
1st Edition
0367650622, 9780367650629
