Business, 18.08.2021 17:10 milkshakegrande101
Alpha Inc. presented the following data. Net income $2,500,000 Preferred stock: 5,000,000 50,000 shares outstanding, $100 par, 8% cumulative, not convertible Common stock: Shares outstanding 1/1 750,000 Issued for cash, 5/1 300,000 Acquired treasury stock for cash, 8/1 150,000 2-for-1 stock split, 10/1.
Required:
Compute earnings per share.
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Alpha Inc. presented the following data. Net income $2,500,000 Preferred stock: 5,000,000 50,000 sha...
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