Shamrock Company had net income of $30,000.On January 1,there were 8,000 shares of common stock outstanding.On April 1,the company issued an additional 2,000 shares of common stock.There were no other stock transactions.The company has an earnings per share of:
A) $3.75
B) $3.00
C) $3.33
D) $15.00
E) $3.16
Correct Answer:
Verified
Q13: An amount of assets defined by state
Q35: Stockholders' equity consists of:
A)Long-term assets.
B)Contributed capital and
Q40: A company has 3,000 shares of $2
Q41: A company has 1,000 shares of $100
Q42: A company paid $0.48 in cash dividends
Q42: A company has net income of $850,000.It
Q46: A company paid $0.75 in cash dividends
Q50: A company has net income of $3,000,000.It
Q58: Stocks that pay relatively large cash dividends
Q114: A company has 500 shares of $50
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents