Shamrock company had net income of 30000. on january 1, Ask an Expert

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Shamrock Company had net income of $30,000. On January 1, there were 8,000 shares of common stock outstanding. On April 1, the company issued an additional 2,000 shares of common stock. There were no other stock transactions. The company has an earnings per share of:

a) $3.75

b) $3.00

c) $3.33

d) $15.00

e) $3.16

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M946437

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