Business, 10.03.2022 20:50 hockejoh000
Edmond Biometrics reported net income of $600.000 for both last year and the current year. The shares outstanding for the prior year were 200,000 shares for the whole year. On December 1 of the current year, Edmond declared a two for one stock split. There were no other stock transactions in either year Compute the EPS that would be shown on a comparative income statement for Years 1 and 2. (Round your answer to the nearest cent.)
A. Year 1 $3.00; Year 2 $1.50
B. Year 1 $3.00; Year 2 $1.20
C. Year 1 $1.50; Year 2 $1.50
D. Year 1 $3.00: Year 2 $0.86
Answers: 1
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Edmond Biometrics reported net income of $600.000 for both last year and the current year. The share...
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