(Subject: Financial accounting 5 marks) please answer A company has a net income of$790,000 and 55,300 outstandingshares. What is the earnings pershare?

Explanation of Net Income:Net income represents the profit a company earns after deducting all…

Answered: A company has a net income of $790,000…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...

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A company has a net income of $790,000 and 55,300 outstanding shares. What is the earnings per share?