On july 2 2010 redford issued a 10 stock dividend on its, Ask an Expert

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On july 2, 2010 Redford issued a 10% stock dividend on its common stock, and paid a cash dividend of $2.00 per share on its preferred stock. Net income for the year ended December 31, 2010 was $780,000. What should be Redford's 2010 basic earnings per share?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9440968

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