INTERMEDIATE ACCOUNTING CONNECT ACCESS +
INTERMEDIATE ACCOUNTING CONNECT ACCESS +
10th Edition
ISBN: 9781264388608
Author: SPICELAND
Publisher: MCG
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Can you solve this general accounting question with accurate accounting calculations?
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Aduba manufacturing had 22,000 shares of common stock outstanding on January 1 and issued an additional 6,500 shares on July 1. There was no preferred stock outstanding. If Aduba reports earnings per share of $3.75 for the year ending December 31, how much is net income?
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