Guan Company had 1,500,000 shares of $1 par common stock authorized, and 200,000 shares of common stock
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Guan Company had 1,500,000 shares of $1 par common stock authorized, and 200,000 shares of common stock issued and outstanding on January 1, 2019. On March 31, 2019, Guan repurchased 20,000 shares of common stock. Determine the earnings per share for calendar 2019 if net income was $400,000.
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Related Book For
Introduction To AccountingAn Integrated Approach
ISBN: 9781119600107
8th Edition
Authors: Penne Ainsworth, Dan Deines
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