Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company...
Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company has no preferred stock. The company's earnings per share is:
A. $1.65
B. $1.59
C. $44.00
D. $26.67
E. $1.71
Homework Answers
Earnings per share= Net income/Total share outstanding
Earnings per share =132000/80000
Earnings per share =1.65
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Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company...
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