Voisin Inc. had 210,000 common shares outstanding on December 31, 2011. During 2012, the company issued 8,000

Question:

Voisin Inc. had 210,000 common shares outstanding on December 31, 2011.
During 2012, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For 2012, the company reported net income of $229,690 after a loss from discontinued operations of $40,600 (net of tax).
Instructions
(a) What earnings per share data should be reported at the bottom of Voisin Inc.’s income statement?
(b) Is it possible for a to have a simple one fiscal year and a complex in another fiscal year? If yes, how could this happen? Capital Structure
Capital structure refers to a company’s outstanding debt and equity. The capital structure is the particular combination of debt and equity used by a finance its overall operations and growth. Capital structure maximizes the market value of a... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...