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E11-10 (Algo) Computing and Interpreting Earnings per Share LO11-2 Below is select information from DC United Company's income statement. At the end of the current year, the weighted average number of common shares outstanding was 142,000. Income Statement, End of Current Year Sales Cost of goods sold Operating expenses Таx еxpense $1,042,000 820,000 100,000 25,000 Required: Calculate EPS for DC United. (Round your answer to 2 decimal places.) Earnings per share

E11-10 (Algo) Computing and Interpreting Earnings per Share LO11-2 Below is select information from DC United Company's income statement. At the end of the current year, the weighted average number of common shares outstanding was 142,000. Income Statement, End of Current Year Sales Cost of goods sold Operating expenses Таx еxpense $1,042,000 820,000 100,000 25,000 Required: Calculate EPS for DC United. (Round your answer to 2 decimal places.) Earnings per share

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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E11-10 (Algo) Computing and Interpreting Earnings per Share LO11-2 Below is select information from DC United Company's income statement. At the end of the current year, the weighted average number of common shares outstanding was 142,000. Income Statement, End of Current Year $1,042,000 820,000 100,000 25,000 Sales Cost of goods sold Operating expenses Тах еxpense Required: Calculate EPS for DC United. (Round your answer to 2 decimal places.) Earnings per share
Transcribed Image Text:E11-10 (Algo) Computing and Interpreting Earnings per Share LO11-2 Below is select information from DC United Company's income statement. At the end of the current year, the weighted average number of common shares outstanding was 142,000. Income Statement, End of Current Year $1,042,000 820,000 100,000 25,000 Sales Cost of goods sold Operating expenses Тах еxpense Required: Calculate EPS for DC United. (Round your answer to 2 decimal places.) Earnings per share
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