A company reported the following capital structure on December 31, 2002, and the related results of operations for the year then ended.
A 2 for 1 stock split was issued on December 31, 2002.The tax rate for the year is 40%.
Show the earnings per share of the company as it would appear on the income statement of the company for 2002.Show all computations.

Question

A company reported the following capital structure on December 31, 2002, and the related results of operations for the year then ended.
     A 2 for 1 stock split was issued on December 31, 2002.The tax rate for the year is 40%.
Show the earnings per share of the company as it would appear on the income statement of the company for 2002.Show all computations.

Quizplus · Accepted Answer

The Answer of A company reported the following capital structure on December 31, 2002, and the related results of operations for the year then ended.
     A 2 for 1 stock split was issued on December 31, 2002.The tax rate for the year is 40%.
Show the earnings per share of the company as it would appear on the income statement of the company for 2002.Show all computations.

A Company Reported the Following Capital Structure on December 31