Given the following year-end information for Star Corporation, compute its basic earnings per share. Net income,
Question:
• Net income, $13,000.
• Preferred dividends declared, $4,000
• Weighted average common shares for the year, 4,500.
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Related Book For
Intermediate Accounting
ISBN: 978-0324659139
11th edition
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
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