Compute EARNINGS PER SHARE.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 3SEB
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The data below are for Company N.
Cash
Inventory
Unearned Revenue
Paid-in Capital
Retained Earnings (beginning)
Sales
Cost of Goods Sold
Rent Expense
Number of shares outstanding = 2,000
Compute EARNINGS PER SHARE.
$21.60
$5.80
$6.60
$3.60
$9.80
5,600
14,000
2,400
4,000
6,000
50,000
36,000
6,800
Transcribed Image Text:The data below are for Company N. Cash Inventory Unearned Revenue Paid-in Capital Retained Earnings (beginning) Sales Cost of Goods Sold Rent Expense Number of shares outstanding = 2,000 Compute EARNINGS PER SHARE. $21.60 $5.80 $6.60 $3.60 $9.80 5,600 14,000 2,400 4,000 6,000 50,000 36,000 6,800
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