Ott Company had 210,000 ordinary shares outstanding on December 31, 2022. During the year 2023, the company
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Ott Company had 210,000 ordinary shares outstanding on December 31, 2022. During the year 2023, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2023, Ott Company reported net income of £229,690 after a loss on discontinued operations of £40,600 (net of tax).
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What earnings per share data should be reported at the bottom of its income statement?
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To calculate earnings per share EPS you first need to determine the number of shares outstanding dur...View the full answer
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Related Book For 
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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