Reference no: EM135854
Clanton, Inc has 12,000 shares of common stock outstanding at 31st December, 2012. The company sold 6,000 shares of common stock on 1st November, 2012 and declared and paid a dividend of $15,000. The starting Retained Earnings was $115,000. Net Income for 2012 was $140,000.
Evaluate Earnings Per Share for the year ended 31st December, 2012.
BellaAnna,Inc. had 800 shares of common stock outstanding on 31st December, 2011. On 30th June, 2012 BellaAnna, Inc. issued 200 more shares of common stock. BellaAnna, Inc. declared and paid a $5,000 dividend in 2012. The beginning Common Stock was $40,000 and beginning Retained Earnings was $259,000. Net Income for the year ended 31st December, 2012 was $70,000.
Determine Earnings Per Share for 2012.
Blanton, Inc has 10,000 shares of common stock outstanding at 31st December, 2012. The company sold 3,000 shares of common stock on 1st November, 2012 and declared and paid a dividend of $15,000. The beginning the beginning Retained Earnings was $115,000. Net Income for 2012 was $140,000.
Evaluate Earnings per Share for the year ended 31st December, 2012.