Business, 09.04.2020 03:55 natajaeecarr

On January 1, 2016, Laura Corporation had 18,000 shares of common stock outstanding, and reacquired 2,000 shares on July 1. The company earned net income of $110,800 and paid a cash dividend on its preferred stock of $36,000. What was the basic earnings per share for the year

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On January 1, 2016, Laura Corporation had 18,000 shares of common stock outstanding, and reacquired...