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Home Q & A Board Other Fields Homework Help Business Accounting
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brettlaw brettlaw
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A year ago

Hernande Corporation has provided the following data:

Year 2Year 1
Common stock, $4 par value$ 400,000$ 400,000
Net operating income$ 75,429
Net income before taxes$ 61,429
Net income$ 43,000

The company’s earnings per share for Year 2 is closest to:



▸ $4.25 per share

▸ $0.43 per share

▸ $0.61 per share

▸ $0.75 per share
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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andratandrat
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A year ago
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You make an excellent tutor!
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