FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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At December 31, 2020 and 2019, Atsumu Corporation had 100,000 Ordinary shares and 10,000 cumulative 5% Preference Shares , P100 par value. No dividends were declared on either the preference or ordinary shares in 2020 and 2019. Net income for 2020 was P 900,000. How much is the basic earnings per share?
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