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23.01.2020 10:00
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The net income available to stockholders is $230,000. The beginning number of common
The net income available to stockholders is $230,000. The beginning number of common shares outstanding was 100,000. The ending number of common shares outstanding was 150,000. What is the earnings per share
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jetblackcap
4,6(5 marks)
$1.84
Explanation:
The formula for earning per share (EPS) is given as;
= Net income of the company / Average outstanding shares of the company
Given that ;
Net income = $230,000
Average outstanding shares = (100,000 + 150,000) / 2
= 125,000
Therefore,
EPS = $230,000 / 125,000
= $1.84
dbag1162
4,8(35 marks)
The mom is 36
The twins are 11
1. 58-25= 33
2. 33/3= 11 <The twins age
3. 11+25= 36 <The moms age
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