Multiple Choice
DCE had 900 common shares outstanding on January 1, 2014, issued 600 shares on May 1 and had income applicable to common shares of $5,200 for the year ending December 31, 2014.Earnings per common share for 2014 would be: (Rounded to the nearest cent)
A) $4.00
B) $3.60
C) $5.78
D) $3.46
Correct Answer:
Verified
Correct Answer:
Verified
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