Answered step by step
Verified Expert Solution
Question
1 Approved Answer
TRT Corporation has 100,000 shares of P20 par value ordinary share outstanding on January 1,2021. Net income for 2021 was P1,964,200. On April 1,2021, it
TRT Corporation has 100,000 shares of P20 par value ordinary share outstanding on January 1,2021. Net income for 2021 was P1,964,200. On April 1,2021, it issued an additional 20,000 shares and another 30,000 shares on September 1,2021. QUESTION: What is the earnings per share of TRT Corporation for the year 2021? P13.09 P15.71 P19.64 O None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started