1. On January 1, 2021, Juliet Company had 300,000 shares issued and outstanding. On August 1, 2021, Juliet Company issued 240,000 shares. On November 1, 2021, Juliet Company declared a 3:1 stock split. Net income for the year ended December 31, 2021, was $1,380,000. 
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3. What should be Juliet Company's 2021 earnings per common share, rounded to the nearest penny?

Answer rating: 100% (QA)

To calculate the earnings per common share EPS for Juliet Company we need to know the weighted avera... View the full answer