James Corporation earned net income of $94,000 this year. The company began the year with 500 shares of common stock and issued 400 more on April 1. They issued $5,300 in preferred dividends for the year. What is the EPS for the year for James? Round your answer to the nearest dollar amount.
James Corporation earned net income of $94,000 this year. The company began the year with 500 shares of common stock and issued 400 more on April 1. They issued $5,300 in preferred dividends for the year. What is the EPS for the year for James? Round your answer to the nearest dollar amount.
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 21EA: James Corporation earned net income of $90,000 this year. The company began the year with 600 shares...
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