Q2 A. Corporation had net income of $669,000, from January 1 to March 31, A. Corporation had 200,000 shares outstanding: from April 1 to September 30, it had 240,000 shares outstanding: and from October 31 to December 31, it had 260,000 shares outstanding. Required Calculate EPS

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 10Q: On April 2, West Company declared a cash dividend of $0.50 per share. There are 50,000 shares...
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Q2
A. Corporation had net income of $669,000, from January 1 to March 31, A. Corporation had
200,000 shares outstanding: from April 1 to September 30, it had 240,000 shares outstanding; and
from October 31 to December 31, it had 260,000 shares outstanding.
Required
Calculate EPS
Transcribed Image Text:Q2 A. Corporation had net income of $669,000, from January 1 to March 31, A. Corporation had 200,000 shares outstanding: from April 1 to September 30, it had 240,000 shares outstanding; and from October 31 to December 31, it had 260,000 shares outstanding. Required Calculate EPS
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