Solved: The market price of the stock at the end of the year was 30, Accounting Basics

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The market price of the stock at the end of the year was 30

Question - Mason Manufacturing had 2012 earnings of $850,000. Cash dividends per share were $1.25. The company had an average of 350,000 shares of common stock outstanding. The market price of the stock at the end of the year was $30 per share. What are the earnings per share for 2012?

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Accounting Basics: The market price of the stock at the end of the year was 30

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Accounting Basics: The market price of the stock at the end of the year was 30

Reference No:- TGS02364104

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