A company had 125.000 shares of commaon stock outstanding on January 1 and then sold 35,000 additionsl shares on March 30. Net income for theyear was $594.750. What are eamings per share?Select oneO a S0.01.O S4.58.O c. 54.73.Od. $3.03.

Earnings per share (EPS) seems to be a quarterly or yearly statistic that represents a public…

A company had 125.000 shares of common stock outstanding on January 1 and then soid 35.000 addtionai shares on March 30. Net income for year was S94.750. What are eamings per share? efor the Select one O 5458 O. S473.

A company had 125.000 shares of common stock outstanding on January 1 and then soid 35.000 addtionai shares on March 30. Net income for year was S94.750. What are eamings per share? efor the Select one O 5458 O. S473.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.

Question

A company had 125.000 shares of commaon stock outstanding on January 1 and then sold 35,000 additionsl shares on March 30. Net income for the
year was $594.750. What are eamings per share?
Select one
O a S0.01.
O S4.58.
O c. 54.73.
Od. $3.03.

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