In 2015, Hollis Corporation reported net income of $1,000,000. It declared and paid preference dividends of $250,000.
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In 2015, Hollis Corporation reported net income of $1,000,000. It declared and paid preference dividends of $250,000. During 2015, Hollis had a weighted average of 190,000 ordinary shares outstanding.
Compute Hollis’s 2015 earnings per share.
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Related Book For
Intermediate Accounting IFRS Edition
ISBN: 9781118443965
2nd Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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