Compute basic earnings per share for year 4

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TJX, Inc., an apparel retailer, reported net income of $609,699 for Year 4. The weighted average of common shares outstanding during Year 4 was 488,809 shares. No preferred stocks. It also has outstanding stock options that, if exercised, would increase the weighted average of common shares outstanding by 6,935 shares.

(a) Compute basic earnings per share for Year 4.

(b) Does TJX, Inc. have a simple capital structure or a complex capital structure?

Reference no: EM132664690

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