The following financial information is available for Monique Corporation. The weighted-average number of shares of common stock
Question:
The following financial information is available for Monique Corporation.
The weighted-average number of shares of common stock outstanding was 80,000 for 2011 and 100,000 for 2012.
Instructions
Calculate earnings per share and return on common stockholders’ equity for 2012 and 2011.
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Step by Step Answer:
To calculate earnings per share EPS we divide net income by the number of outstanding shares of comm...View the full answer
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Related Book For 
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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