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Calculate basic earnings per share

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Reference no: EM133166095

Question - Tiger Corp. provides the following data for calendar 2022:

Net Income $3,600,000

Transactions in Common Shares

Change

Cumulative

Jan 1 beginning

 

1,400,000

Mar 1 purchase of treasury shares

(80,000)

1,320,000

Jun 1 shares split 2 for 1

1,320,000

2,640,000

Nov 1 issuance of new shares

160,000

2,800,000

Required - Calculate basic earnings per share for 2022.

Reference no: EM133166095

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