Compute basic eps ringemup inc. had net income of 473400, Ask an Expert

Accounting

Q1) Compute basic EPS, Ringemup, Inc. had net income of= $473,400 for its fiscal year ended October 31, 2009. In the year company had outstanding 38,000 shares of $4.50, $ 50 par value preferred stick and, 105,000, shares of common stock. Determine the basic earnings per share?

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Accounting Basics, Accounting

Category:- Accounting Basics
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