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A company has a net income of $200,000 and 50,000 outstanding shares. What is the earnings per share?

A company has a net income of $200,000 and 50,000 outstanding shares. What is the earnings per share?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 2P
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A company has a net income of $200,000 and 50,000 outstanding shares. What is the earnings per share?
Transcribed Image Text:A company has a net income of $200,000 and 50,000 outstanding shares. What is the earnings per share?
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