Reunion Corporation provides the following information. Based on the information provided above,compute the earnings per share of Reunion Corporation as of March 31,2019.(Round any intermediate calculations and your final answer to the nearest cent. )

Question

Reunion Corporation provides the following information.  Based on the information provided above,compute the earnings per share of Reunion Corporation as of March 31,2019.(Round any intermediate calculations and your final answer to the nearest cent. )

Quizplus · Accepted Answer

Average Number of Common Shares Outstanding = (294,464 + 195,168)/ 2 = 244,816.00
Earnings Per Share = Net Income / Average Number of Common Shares Outstanding Earnings Per Share = $425,500 / 244,816.00 = $1.74

Reunion Corporation Provides the Following Information