World Airlines has no preferred stock outstanding. The company had 50,000 shares of common stock...
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Accounting
World Airlines has no preferred stock outstanding. The company had 50,000 shares of common stock outstanding on January 1 and issued 20,000 additional shares on April 1.
If Worlds net income was $359,000, the company should report earnings per share of (to the nearest cent)
Select one:
a. $4.27
b. $4.60
c. $5.52
d. $5.98
e. None of the above
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