Company A has net sales revenue of $780,000, cost of goods sold of $343,200 and all other expenses of $327,600 for the current year. At the beginning of the year, 503,000 shares of common shares were outstanding, and, at the end of the year, 537,000 shares common shares were outstanding. What is the company's basic EPS?

Company A has net sales revenue of $780,000, cost of goods sold of $343,200 and all other expenses of $327,600 for the current year. At the beginning of the year, 503,000 shares of common shares were outstanding, and, at the end of the year, 537,000 shares common shares were outstanding. What is the company's basic EPS?

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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