Question

Huang Company presented the following data (¥000).
Net income ................................................................¥2,200,000
Preference shares: 50,000 shares outstanding,
¥100 par, 8% cumulative, not convertible....................5,000,000
Ordinary shares: Shares outstanding 1/1.........................600,000
Issued for cash, 5/1.........................................................300,000
Acquired treasury shares for cash, 8/1............................150,000
2-for-1 share split,.................................................................10/1

Instructions
Compute earnings per share.



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  • CreatedJune 17, 2013
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