Multiple Choice
Shamrock Company had net income of $30,000.On January 1,there were 8,000 shares of common stock outstanding.On April 1,the company issued an additional 2,000 shares of common stock.There were no other stock transactions.The company has earnings per share of:
A) $3.75
B) $3.00
C) $3.33
D) $15.00
E) $3.16
Correct Answer:
Verified
Correct Answer:
Verified
Q30: Record the following transactions of a company
Q82: _ is a class of stock assigned
Q90: A corporation had current year net income
Q96: _ are responsible for and have final
Q143: A corporation is a separate legal entity
Q146: _ generally consist of a company's cumulative
Q148: A company issued 7% preferred stock with
Q149: Minimum legal capital requirements often prohibit dividends
Q150: A company has 5,000 shares of $1
Q175: Preferred stock with a feature allowing preferred