For the year ended 31 December 2009, Angler Products had net income of $2,500,000. The company declared
Question:
For the year ended 31 December 2009, Angler Products had net income of $2,500,000. The company declared and paid $200,000 of dividends on preferred stock. Th e company also had the following common stock share information:
1 . What is the company’s weighted average number of shares outstanding?
2 . What is the company’s basic EPS?
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1 The weighted average number of shares outstanding is determined by the lengt...View the full answer
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Related Book For 
International Financial Statement Analysis CFA Institute Investment Series
ISBN: 9780470287668
1st Edition
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
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