Business, 28.08.2019 00:30 maribel5979

For the year ended december 31, 2018, norstar industries reported net income of $905,000. at january 1, 2018, the company had 720,000 common shares outstanding. the following changes in the number of shares occurred during 2018: apr. 30 sold 25,000 shares in a public offering. may 24 declared and distributed a 5% stock dividend. june 1 issued 18,000 shares as part of the consideration for the purchase of assets from a subsidiary. required: compute norstar's earnings per share for the year ended december 31, 2018

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For the year ended december 31, 2018, norstar industries reported net income of $905,000. at january...