Smith Company Corporation had 32,000 common shares outstanding at the start of 2021. On May 1....
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Smith Company Corporation had 32,000 common shares outstanding at the start of 2021. On May 1. the company sold an additional 2.000 shares. On July 1, they retired 3,000 shares and on October 1, the company's board declared a 2-for-1 stock spiit. Next income for 2021 was $457,800 and preferred shareholders received dividens of $142,000. Smith Company Corporation has a December 31 year- end REQUIRED Calculate the Earnings Per Share for 2021. (6 marks) Smith Company Corporation had 32,000 common shares outstanding at the start of 2021. On May 1. the company sold an additional 2.000 shares. On July 1, they retired 3,000 shares and on October 1, the company's board declared a 2-for-1 stock spiit. Next income for 2021 was $457,800 and preferred shareholders received dividens of $142,000. Smith Company Corporation has a December 31 year- end REQUIRED Calculate the Earnings Per Share for 2021. (6 marks)
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No of shanes at strt of 202132000 Sale on May I 2000 3400... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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