On January 1, 2010, Smith Company had 21, 000 shares of common stock outstanding and issued an additional 4, 500 shares on May 1.The company declared and paid a cash dividend of $30, 000 and earned $330, 000 net income.The earnings per share for the year was
A) $15.00
B) $13.75
C) $12.94
D) $12.50
Correct Answer:
Verified
Q1: For which one of the following components
Q2: Basic earnings per share is computed as
A)Net
Q3: On January 1, 2010, a corporation had
Q4: Common shares outstanding are increased as a
Q6: On January 1, a corporation had 50,
Q7: On January 1, a corporation had 20,
Q8: On January 1, a corporation had 10,
Q9: On January 1, 2010, Walters Corporation had
Q10: A simple capital structure consists of
A)only preferred
Q11: On January 1, 2010, Libby Corporation had
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