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

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 23EB: Bastion Corporation earned net income of $200,000 this year. The company began the year with 10,000...
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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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