11. Jupiter Inc. had a net income of $1,000,000 and 800,000 shares of common stock outstanding for the entire year. Calculate the company's earnings per share (EPS) (SHOW YOUR CALCULATIONS).
11. Jupiter Inc. had a net income of $1,000,000 and 800,000 shares of common stock outstanding for the entire year. Calculate the company's earnings per share (EPS) (SHOW YOUR CALCULATIONS).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:11. Jupiter Inc. had a net income of $1,000,000 and 800,000 shares of common stock
outstanding for the entire year. Calculate the company's earnings per share (EPS)
(SHOW YOUR CALCULATIONS).
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