Homework Help: Accounting

Posted by James on Friday, October 19, 2007 at 11:05pm.

A company had 120,000 shares of common stock outstanding on January 1 and then sold 40,000 additional shares on March 30. Net income for the year was $280,000. What are the earnings per share?

Accounting - Michael, Wednesday, November 28, 2007 at 3:48pm
James, did you ever receive an answer?

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