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Problem

Revival Corporation provides the following information.


March 31, 2016

March 31, 2017

Net Income

$360,000

$424,500

Preferred Dividends

0

0

Total? Stockholders' Equity

$4,350,000

$5,092,000

?Stockholders' Equity attributable to Preferred Stock

0

0

Number of Common Shares Outstanding

275,464

200,168

Based on the information provided above, compute the earnings per share of Revival Corporation as of March 31, 2017?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92808406

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