Current Attempt in Progress At December 31, 2021, Marigold Company had 451000 shares of common stock issued and outstanding, 355000 of which had bee issued and outstanding throughout the year and 96000 of which were issued on September 1, 2021. Net income for the year ended December 31, 2021, was $1176000. What should be Marigold's 2021 earnings per common share, rounded to the nearest penny?

Current Attempt in Progress At December 31, 2021, Marigold Company had 451000 shares of common stock issued and outstanding, 355000 of which had bee issued and outstanding throughout the year and 96000 of which were issued on September 1, 2021. Net income for the year ended December 31, 2021, was $1176000. What should be Marigold's 2021 earnings per common share, rounded to the nearest penny?

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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Current Attempt in Progress
At December 31, 2021, Marigold Company had 451000 shares of common stock issued and outstanding, 355000 of which had bee
issued and outstanding throughout the year and 96000 of which were issued on September 1, 2021. Net income for the year ended
December 31, 2021, was $1176000. What should be Marigold's 2021 earnings per common share, rounded to the nearest penny?

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