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Other Fields Homework Help Accounting Topic started by: Ansuha on Aug 31, 2018



Title: If net income is $10,000 and there were 8,000 common shares issued and outstanding the entire
Post by: Ansuha on Aug 31, 2018
If net income is $10,000 and there were 8,000 common shares issued and outstanding the entire
year, and $100,000 of noncumulative, nonconvertible 6% $100 par preferred shares outstanding
the entire year, what is EPS if no dividends were declared during the year?
A) $1.18
B) $1.23
C) $1.25
D) $1.16


Title: If net income is $10,000 and there were 8,000 common shares issued and outstanding the entire
Post by: Blakeflanigan19 on Aug 31, 2018
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Title: If net income is $10,000 and there were 8,000 common shares issued and outstanding the entire
Post by: Ansuha on Aug 31, 2018
Marking this solved, moving on to the next...