For 2016, Theta Corporation had net income of $2,250,000. At the beginning of the year, there were 800,000 shares outstanding, and halfway through the year the company issued 130,000 new shares. If Theta Corporation paid $85,000 in dividends to common shareholders, the company's basic earning per share for 2016?

Answer rating: 100% (QA)

To calculate the basic earnings per share EPS for Theta Corporation in 2016 you need to divide the n... View the full answer