Reunion Corporation provides the following information.
Based on the information provided above, compute the earnings per share of Reunion Corporation as of March 31, 2019. (Round any intermediate calculations and your final answer to the nearest cent.)
A) $1.22
B) $2.18
C) $1.74
D) $1.46
C) $1.74
Explanation: Average Number of Common Shares Outstanding = (294,464 + 195,168) / 2 = 244,816.00
Earnings Per Share = Net Income / Average Number of Common Shares Outstanding Earnings Per Share = $425,500 / 244,816.00 = $1.74
You might also like to view...
The Vroom/Jago approach specifies that there are ______ questions that are relevant to determining the degree of follower involvement.
a. two b. seven c. a dozen d. an unlimited number of
______ saves money and better allocates global resources, as it benefits everyone because countries specialize in what they can do better than others.
a. Joint ventures b. Global sourcing c. Direct investment d. Franchising
Which leadership style of the Hersey and Blanchard model entails allowing followers to work independently with little or no overseeing?
A. Telling B. Selling C. Participating D. Delegating E. Situational
Mai is a third party beneficiary under a contract between Novia and Otis. Novia and Otis can modify or rescind their contract without Mai's consent
a. at any time. b. at no time. c. afterMai's rights have vested. d. beforeMai's rights have vested.