Shamrock Company had net income of $30,000. The weighted-average ordinary shares outstanding were 8,000. The company sold 3,000 shares before the end of the year. There were no other share transactions. The company's earnings per share is:
A) $3.75.
B) $3.00.
C) $3.33.
D) $10.00.
E) $3.16.
Correct Answer:
Verified
Q76: Shareholders' equity consists of:
A) Long-term assets.
B) Paid-in
Q77: Owners of preference shares often do not
Q78: When all of the authorized shares have
Q79: Prior period adjustments are reported in the:
A)
Q80: A company made an error in calculating
Q82: A company has net income of $850,000.
Q83: Book value per ordinary share is computed
Q84: The amount of income earned per share
Q85: Book value per share:
A) Reflects the value
Q86: Book value per share is often used
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