For 2016, Theta Corporation had net income of $2,250,000. At the beginning of the year, there were
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For 2016, Theta Corporation had net income of $2,250,000. At the beginning of the year, there were 800,000 shares outstanding, and halfway through the year the company issued 130,000 new shares. If Theta Corporation paid $85,000 in dividends to common shareholders, the company's basic earning per share for 2016?
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Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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