The Apex Company provided the following information from its financial records: What is the amount of the
Question:
The Apex Company provided the following information from its financial records:
What is the amount of the company's earnings per share?
a. $1.02
b. $1.08
c. $0.96
d. $17.61
Transcribed Image Text:
Common shares outstanding 1/1 200,000 Net income $270,000 Common stock dividends Common shares outstanding 12/31 300,000 $ 14,200 Preferred shares outstanding 1/1 Preferred stock dividends S 30,500 14,200 Preferred shares outstanding 12/31 Sales 8,100 $1,080,000
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The correct option is c 096 Calculate the amount of the companys e...View the full answer
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