Business, 31.03.2021 01:00, sheilashair
Ring Me Up Inc. has net income of $143,100 for the year ended December 31, 2019. At the beginning of the year, 36,000 shares of common stock were outstanding. On May 1, an additional 18,000 shares were issued. On December 1, the company purchased 4,300 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ring Me Up paid the annual dividend on the 9,000 shares of 4.65%, $100 par value preferred stock that were outstanding the entire year.
Required:
Calculate basic earnings per share of common stock for the year ended December 31, 2019.
Answers: 1
Business, 22.06.2019 03:00, nyceastcoast
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Business, 22.06.2019 18:50, jordendoctorwho
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Business, 22.06.2019 23:20, chrisgaz14
Suppose you manage an upscale restaurant in new york city. would involve writing employee schedules and a list of things to do for the chef and other kitchen staff
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Ring Me Up Inc. has net income of $143,100 for the year ended December 31, 2019. At the beginning of...
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