Computing basic eps if net income is given, Accounting Basics

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Computing basic eps if net income is given

Q1) Compute basic EPS, Ringemup, Inc. had net income of= $473,400 for its fiscal year ended October 31, 2009. In the year company had outstanding 38,000 shares of $4.50, $ 50 par value preferred stick and, 105,000, shares of common stock. Determine the basic earnings per share?

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Accounting Basics: Computing basic eps if net income is given

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Accounting Basics: Computing basic eps if net income is given

Reference No:- TGS016857

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Hypothesis testing-single proportion

Q : Journalizing transactions of a company

Q : Hypothesis testing for one sample mean

Q : Determine the preference dividend

Q : Computing basic eps if net income is given

Q : Chi-square for independence of attributes

Q : Computing gross profits of costs of goods sold

Q : Hypothesis testing-chi-square independence of attributes

Q : Using capm to calculate expected rate of return

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Computing basic eps if net income is given

Reference No:- TGS016857

Recent Questions Asked Accounting Basics

Q : Hypothesis testing-single proportion

Q : Journalizing transactions of a company

Q : Hypothesis testing for one sample mean

Q : Determine the preference dividend

Q : Computing basic eps if net income is given

Q : Chi-square for independence of attributes

Q : Computing gross profits of costs of goods sold

Q : Hypothesis testing-chi-square independence of attributes

Q : Using capm to calculate expected rate of return

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