At the end of 20x5, the following information related to the common stock of Mabel Corp....
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At the end of 20x5, the following information related to the common stock of Mabel Corp. Authorized shares: 100,000 78,136 6,365 Issued shares: Treasury shares: During 20x6, the company issued 6,164 additional shares of common stock and repurchased 2,320 shares as treasury stock. Mabel's net income for 20x6 is $278,638. Calculate Mabel's 20x6 Earnings Per Share. Round to the nearest penny. At the end of 20x5, the following information related to the common stock of Mabel Corp. Authorized shares: 100,000 78,136 6,365 Issued shares: Treasury shares: During 20x6, the company issued 6,164 additional shares of common stock and repurchased 2,320 shares as treasury stock. Mabel's net income for 20x6 is $278,638. Calculate Mabel's 20x6 Earnings Per Share. Round to the nearest penny.
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Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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