Business, 31.05.2021 19:10 jacobdesalvo8155
Jett Corp. had 600,000 shares of common stock outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $1,837,500 for the year ending December 31, 2007. Earnings per share of common stock for 2007 would be:.
a. $1.05.
b. $.50.
c. $.60.
d. $.70.
e. $.84.
Answers: 2
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