Homework Answers
1 . Weighted average number of shares = 189600 + 8000 x 8/12 - 14000 x 2/12 = 192600
Earnings per share will be as as follows :-
| Earning after excluding loss from discontinuing operations (246900+40300) | $287200 |
| Weighted average shares | 192600 |
| EPS | 1.49 |
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